On Apr 12, 2007, at 8:52 PM, Reid Spencer wrote: > On Thu, 2007-04-12 at 20:38 -0700, Bill Wendling wrote: >> On Apr 12, 2007, at 5:25 AM, Reid Spencer wrote: >> >>> + <p><b>Tax Exempt</b>. Your donations are tax exempt in the >>> United States (and >>> + probably other countries). UIUC is a recognized non-profit >>> organization. >>> + Reciepts are available upon request.</p> >>> + <p> >> >> "Exempt" or "Deductible"? > > I dunno. You can legally claim it as a charitable donation. Whether > that > makes it an exemption or a deduction or even what those two words mean > in the gobbledy gook of Title 26, I have no idea. I'm not a tax > lawyer. > An organization that's designated as a non-profit is "tax exempt". The donations to it are deductible. it doesn't make sense for a donation to be tax exempt to the person giving the donation.
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