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The example of the Trump Foundation's dissolution in fact illustrates that the difference between non-profits is meaningful. Many of the activities of the Trum
by rectang 6y ago
The example of the Trump Foundation's dissolution in fact illustrates that the difference between non-profits is meaningful. Many of the activities of the Trump Foundation would have been fine for a (c)(6). A major rationale for dissolution was inappropriate use of tax-deductible donations.
https://en.wikipedia.org/wiki/Donald_J._Trump_Foundation#Diversion_of_taxable_income_to_the_foundation_as_donations https://en.wikipedia.org/wiki/Donald_J._Trump_Foundation#Div...
- caniszczyk 6y agoThere are bad 501(c)(3) and 501(c)(6)s, it's a tax status and implies nothing around its governance and outcomes.