tl121



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Sr. MemberActivity: 278Merit: 251 Re: IRS 501(c)(3) Public Charities That Accept Bitcoin August 28, 2014, 09:23:56 PM #5



AMURTEL. (



AMURTEL is an international volunteer organization that works to help improve the quality of life for people experiencing chronic poverty or acute stress from environmental, financial, or political distress. We encourage and enable individuals and communities to harness their own resources for securing the basic necessities of life and for gaining greater economic sustainability and social and spiritual fulfillment. It is the goal of AMURTEL to assist communities in their recovery and development while honoring their customs, language, and religious beliefs. Another tax exempt charity that accepts bitcoin donations:. ( www.amurtel.org AMURTEL is an international volunteer organization that works to help improve the quality of life for people experiencing chronic poverty or acute stress from environmental, financial, or political distress. We encourage and enable individuals and communities to harness their own resources for securing the basic necessities of life and for gaining greater economic sustainability and social and spiritual fulfillment. It is the goal of AMURTEL to assist communities in their recovery and development while honoring their customs, language, and religious beliefs.

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Nosce te Ipsum







Hero MemberActivity: 732Merit: 500Nosce te Ipsum Re: IRS 501(c)(3) Public Charities That Accept Bitcoin September 03, 2014, 11:29:00 PM #9 http://www.bgclubfoxvalley.org/donate/



Taken from the bottom of their donate page:



Quote The Boys & Girls Clubs of the Fox Valley is recognized as a non-profit organization under section 501(c)3 of the Internal Revenue Code. All individual and corporate gifts are tax deductible to the fullest extent of the law. Taken from the bottom of their donate page:

allgoodthings1



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Sr. MemberActivity: 270Merit: 250 Re: IRS 501(c)(3) Public Charities That Accept Bitcoin October 24, 2014, 06:18:39 PM

Last edit: May 09, 2016, 01:05:12 PM by allgoodthings1 #18 Quote from: Goldmundo on October 24, 2014, 04:53:12 PM I'm kind of disheartened since I was so enthusiastic in convincing the guys at AiA to start accepting bitcoin, telling them how bitcoin crowd is all altruistic and happy to show love to new merchants... However, so far they got zero bitcoin donations (not counting mine). Can I ask you kindly to please consider sending a few kilobits their way. They are genuinely awesome people working with children all over the world and helping make their lives a bit more beautiful. You can see some jaw dropping photos on their website and learn more about their programs that encourage creativity, tolerance and cultural exchange among children all over the planet. I have no interest in this, other than sincerely wishing for them to be showered with money because they really deserve it and they will put it to good use.

Thanks for posting, Gold. I just sent a small donation; hopefully others will do the same. Their web site makes it easy. I've thought before.. maybe I should do periodic walkabouts, just making some small donations, especially to the lesser known charities on this list. Thanks for reminding me to do that.



I've found I hold my wallet a little closer to my chest these days, what with the price doldrums that put me underwater on my average cost basis. Maybe others are there with me. And of course, a lot of people are their most generous during the holiday and end-of-the-year tax season that's fast approaching us again. Hopefully we will all be more enthusiastic givers again soon. Thanks for posting, Gold. I just sent a small donation; hopefully others will do the same. Their web site makes it easy. I've thought before.. maybe I should do periodic walkabouts, just making some small donations, especially to the lesser known charities on this list. Thanks for reminding me to do that.I've found I hold my wallet a little closer to my chest these days, what with the price doldrums that put me underwater on my average cost basis. Maybe others are there with me. And of course, a lot of people are their most generous during the holiday and end-of-the-year tax season that's fast approaching us again. Hopefully we will all be more enthusiastic givers again soon. IRS 501(c)(3) Public Charities That Accept Bitcoin https://bitcointalk.org/index.php?topic=758674.0

Avoid U.S. Taxes on Bitcoin. Give to Charity. https://bitcointalk.org/index.php?topic=627860.0

BADecker



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LegendaryActivity: 2492Merit: 1206 Re: IRS 501(c)(3) Public Charities That Accept Bitcoin November 27, 2014, 02:58:00 AM #19



A 501(c)(3) is for corporations, which are organized for religious or benevolent purposes. Check what the law says.



A 508(c)(1)(A) is listed below in part. The whole thing can be found at:



Quote (c) Exceptions

(1) Mandatory exceptions

Subsections (a) and (b) shall not apply to

(A) churches, their integrated auxiliaries,

and conventions or associations of churches,

or

(B) any organization which is not a private

foundation (as defined in section 509(a)) and

the gross receipts of which in each taxable

year are normally not more than $5,000.

The point is, 501s are tax exempt . This means that you apply to the IRS for your status of exemption, and they can dictate the rules.



The 508s are tax excepted (mandatory exceptions). This means that you don't apply, rather you register. As long as you remain non-profit, you are hands off with regard to the IRS.



Most of the churches in the United States have been deluded by lawyers and bankers into thinking that they need be a 501 corporation. If they remained churches rather than becoming corporations, it would be hands-off regarding the IRS.



Why not a 508(c)(1)(A) church organization?A 501(c)(3) is for corporations, which are organized for religious or benevolent purposes. Check what the law says.A 508(c)(1)(A) is listed below in part. The whole thing can be found at: http://www.gpo.gov/fdsys/pkg/USCODE-2011-title26/pdf/USCODE-2011-title26-subtitleA-chap1-subchapF-partII-sec508.pdf The point is, 501s are tax. This means that you apply to the IRS for your status of exemption, and they can dictate the rules.The 508s are tax(mandatory exceptions). This means that you don't apply, rather you register. As long as you remain non-profit, you are hands off with regard to the IRS.Most of the churches in the United States have been deluded by lawyers and bankers into thinking that they need be a 501 corporation. If they remained churches rather than becoming corporations, it would be hands-off regarding the IRS.

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