Monthly Archives: June 1997

A Taxonomy of Tax-Exempt Organizations

Ask a representative of a charitable organization what type of charity he or she represents, and the correct, if incomplete, answer will often be, “We’re a 501(c)(3) organization.” This basic qualification will likely be only part of the answer sought. Most tax-exempt charitable institutions–private foundations, public charities and the variety of hybrids between–share this basic […]