Conclusion

Congratulations! You have reached the end of Course 1, Tax-Exempt Status.

In this course, you have learned about:

• The relationship between nonprofit and tax-exempt organizations;
• How an organization qualifies for 501(c)(3) tax-exempt status;
• Why and how a 501(c)(3) receives its private foundation or public charity classification; and
• The activities that can jeopardize a 501(c)(3)’s tax-exempt status.

A printer-friendly summary of Course 1 is available on the Resource Library page of this website.