Public Charities
Characteristics of these types of charity organizations include: broad public support, possible government financial support, name recognition and specific activities identified by statue such as religious, education, medical research, hospitals and government units. The exhibit below shows common examples of qualified charitable organizations versus non-qualified organizations.


Qualified Charitable Contributions
Non-qualified Charitable Contributions
Schools and hospitals (non-profit)
Country clubs, fraternal orders (Kiwanis, Rotary)
Red Cross, Salvation Army, Goodwill, United Way
Homeowner\'s associations, lobby groups
Churches, Temples, Synagogues
Republican or Democratic Campaign Committees
War Veteran\'s Groups
Organizations run for personal profit
Recreation facilities and public parks
Civic, Business and Labor Leagues or Unions
Federal, State and Local Governments
Foreign Governments and Charities
Humane Society, Prevention of Cruelty to Children
Tuition
YMCA, Boy and Girl Scouts, Cancer Societies
Physician or lawyers associations


Private Charities

Related Articles
  1. Taxes

    Tips for Effective Charitable Giving Before Year-End

    Before donating, here are some helpful tips to protect both your wallet and generous heart.
  2. Taxes

    Tips on Charitable Contributions: Limits and Taxes

    An overview of the limits and tax deductions of charitable donations.
  3. Managing Wealth

    Differences Between Private Foundations And Public Charities

    Here's a look at the differences between these types of charitable organizations.
  4. Managing Wealth

    The Many Ways Charities Make Money

    More than half of all charities generate revenue from "other" ventures. Here are some of the most common revenue generating methods for charities.
  5. Financial Advisor

    Charity or Retirement Saving: Which to Prioritize?

    Financial planners need to help clients with their financial goals but also support them in their philanthropic endeavours.
  6. Taxes

    Why 2016 Is an Especially Good Year to Donate to Charity

    If you've had a good year financially and you want to give back by supporting a charity, now might be a good time to do so.
  7. Taxes

    6 Reasons to Donate Your Car to Charity

    It's no longer a free ride, but there are still tax benefits to doing so.
  8. Taxes

    Tax Breaks for Volunteering

    In addition to helping society, volunteering can yield tax deductions – sometimes. Here's how to tell what will pass muster and what won't.
  9. Taxes

    Don't Judge A Charity Based On Administrative Costs

    It is unwise to base charitable giving on administrative costs.
  10. Financial Advisor

    How To Plan For The Charitable Giving Boom

    Of the $58 trillion that will be passed over the next several decades, $26 trillion could go to charity. Here's how to plan for that huge shift.
Frequently Asked Questions
  1. Depreciation Can Shield Taxes, Bolster Cash Flow

    Depreciation can be used as a tax-deductible expense to reduce tax costs, bolstering cash flow
  2. What schools did Warren Buffett attend on his way to getting his science and economics degrees?

    Learn how Warren Buffett became so successful through his attendance at multiple prestigious schools and his real-world experiences.
  3. How many attempts at each CFA exam is a candidate permitted?

    The CFA Institute allows an individual an unlimited amount of attempts at each examination.Although you can attempt the examination ...
  4. What's the average salary of a market research analyst?

    Learn about average stock market analyst salaries in the U.S. and different factors that affect salaries and overall levels ...
Trading Center