Too many people don�t understand the laws governing nonprofits TheNewsTribune.com Tacoma, WA: "
THE NEWS TRIBUNE
Last updated: April 13th, 2005 02:35 AM
Some phone calls last week provide examples of what doesn't work for nonprofits.
The first calls were from people who wanted to raise money for a relative with cancer. This is a sad and challenging situation, but the desire to help is wonderful. The problem came with their belief that they should be able to raise the money tax-free. We should just be a nonprofit� was their belief.
Certainly, raising money for this reason is an act of charity. In this case, however, it won't work for tax purposes because a specific person will benefit directly. "
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