What differentiates a public charity from a private foundation? We hear this question quite often, so let’s break it down. What’s the Difference? First, public charities: Are churches,
In the recent blog, “Public Charity Test,” we mentioned briefly how Private Foundations have more regulations than Public Charities along with paying a tax on investment income. But that was
When you’re filling out a Form 990 or a Form 990-EZ, you’re going to come across Schedule A, which asks if your tax-exempt organization is considered a Public