You are a beneficiary too! Written by: Matt Nathaniel (Regional Director) In my years of experience working in the non-profit sector, one of the key words that I always come across is ‘beneficiary’. The dictionary meaning for beneficiary is, “a person or thing that receives help or an advantage from something: one that benefits from […]
Saving Moses (SM) is a nonprofit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code (IRC) and comparable state laws. However, SM is subject to federal income tax on any unrelated business taxable income. In addition, SM is not classified as a private foundation within the meaning of Section 509(a) of the IRC. Contributions are SM’s primary source of support and revenue.