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Revolving funds can be especially valuable for non-profit organizations because they afford both the donor and the non-profit significant advantages. Often a non-profit must announce a program, engage personnel, extend invitations or sign contracts well ahead of raising the donations or receiving the program revenue that will cover the costs.
A donation is a gift for charity, humanitarian aid, or to benefit a cause. A donation may take various forms, including money, alms, services, or goods such as clothing, toys, food, or vehicles. A donation may satisfy medical needs such as blood or organs for transplant. Charitable donations of goods or services are also called gifts in kind. [1]
Gifts in kind, also referred to as in-kind donations, is a kind of charitable giving in which, instead of giving money to buy needed goods and services, the goods and services themselves are given. Gifts in kind are distinguished from gifts of cash or stock .
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Under federal law, these contributions are made by individuals and are not considered PAC donations. Separate from political fundraising, ActBlue affiliate organization ActBlue Charities serves as a fundraising platform for U.S. non-profit 501(c)(3) organizitions, while ActBlue Civics does the same for 501(c)(4) social welfare organizations. [4 ...
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