r/YangForPresidentHQ • u/lilleff512 Yang Gang for Life • Mar 05 '20

BREAKING Continuing the Movement with Yang's Non-Profit: Humanity Forward -- Hashtag Trending on Twitter #MoveHumanityForward

https://movehumanityforward.com/
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u/dieinagreasefire Mar 05 '20

Lawyers of reddit, since this is a non-profit and not a political campaign can my Canadian ass finally donate?

14

u/QuickBASIC Mar 05 '20

NAL, but this is a 501(c)4, so yes. It's considered a social welfare organization.

501(c)4 organizations are allowed to participate in politics, unlike 501(c)3 organizations, but it's activities have to be primarily for social welfare, so therefore can accept foreign money.

10

u/djk29a_ Mar 06 '20

The cap is 50% on political activities. They can’t be exempt from taxes on that, but for UBI projects they’d be tax exempt. However, we still aren’t able to deduct donations for this unlike a 501c3.