Cohousing-L Mailing List: Re: a slush fund for temporary financial relief

[Sharon Villines (sharon]

> On Oct 23, 2017, at 9:37 AM, Liz Ryan Cole <lizryancole [at] me.com> wrote:
> 
> if people are going to be making contributions to help their neighbors (which 
> seems like a fine idea), shouldn’t there be a way to obtain a tax advantage 
> as well (to create some sort of charitable fund?)  Has any community done 
> this? 


Tax deductions are only available for charitable and educational purposes for 
the public. This is like giving money to a friend. 

It might fly as a non-profit on a national basis if operated by CohoUS and open 
to all members of all cohousing communities and distribution made on objective 
criteria by people not related to the communities requesting help.

Sharon
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Sharon Villines
Takoma Village Cohousing, Washington DC
http://www.takomavillage.org