Nonprofit organizations never need to apply for and earn 501(c)(3) status, and many don't, based on their goals. In addition to 501(c)(3) status, nonprofits have dozens of other options for ...

The vast majority of nonprofits are classified as 501(c)3 organizations by the IRS. However, that is not the only designation for a nonprofit. A nonprofit corporation is formed the same way as a ...

AzmanL / Getty Images The Internal Revenue Service (IRS) allows for the creation of tax-exempt charitable organizations through the granting of 501(c)(3) status. These groups exist as private ...

“An organization has to have received the 501(c)(3) designation from the IRS for it to qualify as a ‘charitable organization’ ...

Sage Future, a 501(c)(3) backed by Open Philanthropy, launched an experiment earlier this month tasking four AI models in a virtual environment with raising money for charity. The models ...