[USMA:44291] 501 (c)(3) status

[Harry Wyeth]

Loss of tax exempt status is about as severe as it comes.  Tax exempt 
organizations depend on deductible donations as their life blood.  Being 
a lobbying organization is being in a separate universe.

HARRY WYETH

Bill Potts wrote:
As I understand it, 501(c)(3) corporations are not completely 
prohibited from lobbying. The proportion of their time or funds that 
can be used for lobbying activities is, however, strictly limited. The 
penalty for lobbying isn't severe -- just loss of tax-exempt status.