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Day: July 16, 2023

Social Clubs are Tax-Exempt? Nonprofit Law Basics: 501(c)(7) Social Clubs, Country Clubs, Golf Clubs, Fraternities

boat club cullinane

What is a 501(c)(7) organization?

Not all tax-exempt organizations are private foundations or public charities. Under 501(c)(7), social clubs like fraternities or country clubs can be recognized as tax-exempt organizations.

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