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#12

05-14-2007, 07:53 PM

dever860

GreekChat Member

Join Date: Apr 2007

Posts: 248

Can someone explain exactly how a 501(c)(3) status works? I know LCA HQ has a 501c3 tax exemption. Can alumni associations also get this? I think I am just confused on the whole matter on what and what you cannot do with a tax exemption as a non profit organization. Why can't our alumni association gain this status, and accept donations to say... build a new house?

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