Family Office Definition: Non-Qualified Charitable Donations
Non-Qualified Charitable Donations definition: A donation made to a non-qualified charitable organization is not tax-deductible. It is vitally important to confirm the donee organization qualifies as a part of your charitable giving plan. Examples of non-qualifed organizations include chambers of commerce, civic leagues, country clubs, state bar associations, communist organizations, foreign organizations, or donations made to specific individuals or families (though they may be needy).
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