To provide the greatest Federal income tax benefits for its donors, Orchestra would prefer to be a:

Question

Quizplus · Accepted Answer

A public charity generally offers the greatest federal income tax benefits for its donors. This is because contributions to public charities are deductible at higher rates compared to private foundations. Public charities benefit from broader public support and are subject to less stringent regulations and lower excise taxes on investment income.

To Provide the Greatest Federal Income Tax Benefits for Its