You are here

Should Your Organization Elect Under 501(h)?

Should Your Organization Elect Under 501(h)?

Should Your Organization Elect Under 501(h)?

The "pros" outweigh the "cons" in most cases where a charity engages in significant advocacy.

For organizations that engage in lobbying activity, the 501(h) election can be a valuable protective device. Although there will be accounting issues, the relative certainty of the calculations should allow a charity to plan and engage in significant lobbying activity without fear that it will lose its charitable exemption because it seeks legislative changes.

lock The full text of this article is available to paid subscribers only. Login or subscribe to read more

 

Sign-up for our weekly Q&A; get a free report on electioneering