Qualified Charitable Organization

Qualified Charitable Organization

An entity, usually an association or nonprofit corporation, designed to provide some form of public charity or service and specifically approved by the U.S. Treasury as a recipient of deductible charitable contributions.
References in periodicals archive ?
In 2003 and 2004, Irby Ranches conveyed conservation easements encumbering two parcels of land to Colorado Open Lands (COL), a qualified charitable organization, m bargain sale transactions.
The foundation has been certified by Hong Kong's Inland Revenue Department as a qualified charitable organization under the tax rules of Hong Kong, providing full deductibility in Hong Kong for donations received benefiting all campuses of the University of California.
A facade preservation easement allows the property owner to donate the building's exterior to a qualified charitable organization such as The National Architectural Trust.
The core values of the company drives a culture that largely supports many charities, even allowing employees to take off work as paid-time-off to serve at a qualified charitable organization through the MedAssets Heart and Soul Program.
Subject to approval by RCF, donors can provide grants from the fund to qualified charitable organization, including 501(c) (3) and 509(a) public nonprofit, private operating foundations, religious and educational institutions, and foreign charitable organizations.
She was a volunteer for Fix Our Ferals, a qualified charitable organization that traps and neuters feral cats before returning them to the wild or placing them m an adoptive home.
Certain out-of-pocket expenses related to the provision of services to a qualified charitable organization are deductible.
Choose a qualified charitable organization - The Internal Revenue Service allows taxpayers to search for a qualified organization on its website, www.
On July 15, 2002, when the share value was $35, Michael decided to stem the decline by donating the shares to his alma mater, Excalibur University, a qualified charitable organization.
Contributions are deductible only if made to a qualified charitable organization - one operated exclusively for religious, charitable, scientific, literary or education purpose.
The new law removes the 50 percent limitation for all cash donations to a qualified charitable organization until December 31, 2005.

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