I have coordinated a charitable event for the past 9 years and donated the proceeds to a local 501(c)(3). We are growing and expect to raise over $100,000 this year. I am considering filing for 501(c)(3) status for my organization. The most important question is, if I become a 501(c)(3), am I legally permitted to donate all the proceeds from my annual event to one 501(c)(3) organization or will I be forced to give to more then one organization?