Monday, March 02, 2015

Are they charitable nonprofits? - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

Are they charitable nonprofits? - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business: "In a 2014 research paper called “Trickle Down Charity,” the Case Western Reserve University law professor argues that many economic development groups should not be able to qualify as 501(c)(3) nonprofits.

That means they're considered charities in the eyes of the Internal Revenue Service, which allows them to receive tax-deductible donations. "



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