Palin Sucks the “Life” Out of Charitable Organizations

Section 501 (c) (3) of the Internal Revenue Code allows certain types of organizations to enjoy tax-free status. The specific provisions explain that the organization:

“…must be organized and operated exclusively for exempt purposes…and none of its earnings may inure to any private shareholder or individual.

Read the rest:   http://tinyurl.com/3ojaf5e   Malia Litman   5/7/2011