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Old 10-11-2004, 01:08 PM
ladygreek ladygreek is offline
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Join Date: Apr 2001
Location: In the fraternal Twin Cities
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And that fund must meet the requirements of a 501(c)(3). So again the tax-deductible contribution is made to a separate entity--the fund--not the chapter, and reporting is done separately on that fund.

But if you already have a foundation, then there is probably no need for a chapter to set up a separate 501(c)(3) entity/fund, and incur that administrative headache.
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Last edited by ladygreek; 10-11-2004 at 01:12 PM.
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