Can businesses who donate large amounts of money...?

Question

to Christian charities (missions, etc...) use these donations for a tax write-off?

just wonderin...

Answer 1

If the charity is recognized by the IRS as a 501(c)(3) not-for-profit, tax exempt organization -- you betcha.

Answer 2

Operation Blessing

All last week, FEMA bureaucrats gave prominent placement on the agency's Web site to Operation Blessing, the Virginia-based charity run by controversial right-wing evangelist and Christian Coalition founder Pat Robertson.Back in 1994, during the infamous Rwandan genocide, Robertson used his 700 Club's daily cable operation to appeal to the American public for donations to fly humanitarian supplies into Zaire to save the Rwandan refugees.

The planes purchased by Operation Blessing did a lot more than ferry relief supplies.

An investigation conducted by the Virginia attorney general's office concluded in 1999 that the planes were mostly used to transport mining equipment for a diamond operation run by a for-profit company called African Development Corp.

And who do you think was the principal executive and sole shareholder of the mining company?

You guessed it, Pat Robertson himself.

Answer 3

Yep! It's much cheaper for big companies to donate to charitable institution and put up foundations, than to pay their respective taxes. Here in my country, most entertainment celebrities and business tycoons have their own foundation, because it will mean less taxes for them to pay, and also they'll benefit from the good publicity that they will get. It's like advertising/promoting yourself to the general public.

Answer 4

Yes, they can get a tax write-off. The real thing is the blessing from God. We can never beat God in giving!!

Answer 5

Yes.

Answer 6

yes they can

Answer 7

You bet they do.

Answer 8

i dont know, i'm stupid