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To: Cold Heat

The organization is a 501(c)(3) public charity. They are charity gigs. However, you are right that they are an extremely expensive way to raise funds for charity.


296 posted on 03/18/2010 3:30:17 PM PDT by Chaguito
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To: Chaguito

501(c)(3) definition - finance The section in the Internal Revenue Service tax code that describes the criteria an organization has to meet in order to receive tax-exempt status; such an organization is a 501(c)(3) organization. The organization may be charitable or religious, or it may be set up to promote common interests, such as the environment or running. One advantage of being classified as a 501(c)(3) is that donors can deduct their contributions from their income taxes.


297 posted on 03/18/2010 3:32:53 PM PDT by Cold Heat
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To: Chaguito
I was trying to explain that unlike a charity, Hannity's tours have only one aspect that relates to a Charity and that is fund raising activity which is his net profits. He does not run a charity, he donates his profits to one. He may well be associated with both, but the tours are separate. One must separate the two activities.

A Charity that uses up everything it takes in in donations on expenses would be a pretty lousy charity. However, that is not what the tour is. The tour is the fund raising device and is a different organization from the charity..

See my point?

305 posted on 03/18/2010 3:41:12 PM PDT by Cold Heat
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