Friday, April 20, 2018

The Rise of 501(c)(4) Organizations: A prediction for Nonprofits in 2018

Gene Takagi writes this article about his belief that 2018 will see an increase in the number of 501(c)(4) organizations being formed and receiving contributions. He argues that with the increased standard deduction more people will take that instead of itemizing their deductions. This means that 501(c)(3) charity organizations will see a drop in the amount of contributions they receive because people cannot deduct their contributions. He argues that because of this more people will decide to donate to 501(c)(4) organizations since neither type of nonprofits are deductible. His second argument is that people will want to donate to an organization that can engage in unlimited lobbying to further their social agenda. To learn about the rise of 501(c)(4) organizations, click here: https://www.linkedin.com/pulse/prediction-nonprofits-2018-gene-takagi/?trackingId=G5dMq4bRbaBltSbr371lig%3D%3D

 

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https://lawprofessors.typepad.com/nonprofit/2018/04/the-rise-of-501c4-organizations-a-prediction-for-nonprofits-in-2018.html

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