Charitable contribution
Term · Law · MLC-T-LAW-000942
A gift of money or property made to a qualified tax-exempt organization, such as a charity, religious institution, or educational entity. These contributions are often tax-deductible for the donor, subject to certain limitations and reporting requirements. The Internal Revenue Service sets guidelines for what constitutes a qualified charitable organization.
| Identifier | MLC-T-LAW-000942 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000942",
"term": "Charitable contribution",
"field": "Law",
"definition": "A gift of money or property made to a qualified tax-exempt organization, such as a charity, religious institution, or educational entity. These contributions are often tax-deductible for the donor, subject to certain limitations and reporting requirements. The Internal Revenue Service sets guidelines for what constitutes a qualified charitable organization.",
"url": "https://mlchart.com/terminology/law/charitable-contribution/"
}
Record 763 of 5,441 in Law terminology (MLC-0107). Request the full dataset.