Author Question: When a center has an IRS exemption as a charitable or educational nonprofit organization, ... (Read 77 times)

jake

  • Hero Member
  • *****
  • Posts: 538
When a center has an IRS exemption as a charitable or educational nonprofit organization, contributions given to the center ____.
 
  a. are worth more to the center
  b. may usually be deducted by the contributor as an income tax deduction
  c. will be matched by the federal government
  d. must be returned to the contributor

Question 2

All board members should understand that they are expected to ____.
 
  a. allocate to the child care center a major portion of the dollars they give to charitable organizations
  b. contribute at least a small amount of money to the center
  c. attend meetings, but not contribute dollars since they contribute time
  d. contribute more than other citizens or groups since they are expected to demonstrate their support for the center



ebonylittles

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

ANSWER:
b

Answer to Question 2

ANSWER:
b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

For a complete list of videos, visit our video library