What are 501(c)(4)
501(c)(4) organizations are “civic leagues” that are organized for the purposes of “social welfare;” meaning the common good or general welfare of a community.
501(c)(4) EXPENSES are not tax deductible …except for in very rare cases
Some examples are:
Ø Home owners’ associations,
Ø Veterans’ organizations, and
Ø Organizations that advocate publicly for a specific ideology or set of ideas.
501c4 organizations may engage in unlimited amounts of lobbying for legislation as long as such engagement relates to the exempt purpose.
They may also participate in political campaigns and elections as long as the organization’s primary activity remains the promotion of social welfare.
AN advantage of a 501(c)(4) organization over other political organization is that 501(c)(4)s do not have to disclose their donors at the federal level.
One of the best vehicle for social welfare spending is a 501(c)(4) social welfare organization, which have been around for many, many years prior to Super PACS.
.Article - http://www.hg.org/article.asp?id=28099
Article - http://www.hg.org/article.asp?id=25795
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