Report post

What is the difference between a charitable and a scientific organization?

Charitable: The organization’s mission is generally charitable but doesn’t fit into one of the IRS’s other predetermined categories. Scientific: The organization conducts scientific research in the public interest, making all results of the work publicly available.

What is the difference between a charitable and a religious organization?

Religious: The organization truly holds religious beliefs and its practices adhere to public policy. Charitable: The organization’s mission is generally charitable but doesn’t fit into one of the IRS’s other predetermined categories.

What is the difference between a private foundation and a charitable organization?

Private foundations, in contrast, typically have a single major source of funding (usually gifts from one family or corporation rather than funding from many sources) and most have as their primary activity the making of grants to other charitable organizations and to individuals, rather than the direct operation of charitable programs.

The World's Leading Crypto Trading Platform

Get my welcome gifts