Kate
(1 July
2004)
"Post: Soroya, "Another
Vision of Southern Louisiana"
The author of this post writes:
"The oldest catholic building on the american continent
is located in Jackson Square, St. Louis Cathedral, and entering inside
is much like the 501c3 system, lots of gold and silver and precious stones,
candles, and most importantly the golden statue of Saint Joan of Arc over
the entrance."
Can somebody explain what he's saying about the "501c3
organization"? Does he know? 501(c)(3) is the legal IRS designation
for a tax-exempt not-for-profit organization, ministry or charity.
There is no "501c3 system"; rather, there ARE thousands of not-for-profit
organizations in this nation that have this tax-exempt status. While
many churches are 501(c)(3)s, I dare say, the greatest majority of these
organizations are hardly loaded with gold, silver and precious stones...
rather, most exist through creative resource development efforts and memberships.