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Contributions to charitable organizations are deductible to the donor, unless the donee organization uses any of its net earnings to benefit a private shareholder, or if it attempts to in any way influence political campaigns or legislation. A contribution to a charitable organization need not be fully a "gift" in the statutory sense of the ...
ActBlue [1] is a nonprofit American fundraising platform and political action committee (PAC) founded in 2004. ActBlue builds technology and infrastructure to be used by Democratic campaigns and has been described as “the center of a transformation in how political campaigns work.” [2] [3] It is focused on mobilizing small-dollar donors and, as of June 2024, has raised $13.7 billion for ...
World Giving Index. The World Giving Index (WGI) is an annual report published by the Charities Aid Foundation, using data gathered by Gallup, and ranks over 140 countries in the world according to how charitable they are. The aim of the World Giving Index is to provide insight into the scope and nature of giving around the world.
For example, a candidate who won an election to the U.S. House of Representatives in 1990 spent on average $407,600 (equivalent to $950,000 in 2023), [1] while the winner in 2022 spent on average $2.79 million; in the Senate, average spending for winning candidates went from $3.87 million (equivalent to $9.03 million in 2023) to $26.53 million ...
A 501 (c) organization is a nonprofit organization in the federal law of the United States according to Internal Revenue Code (26 U.S.C. § 501 (c)). Such organizations are exempt from some federal income taxes. Sections 503 through 505 set out the requirements for obtaining such exemptions. Many states refer to Section 501 (c) for definitions ...
Charitable organization. A charitable organization[1] or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some ...