Not exact matches
All those businesses that
benefit from deductions would take a hit; mortgage lenders, real estate agents,
nonprofits, religious
institutions, automakers, energy - efficient appliance and building supplies manufacturers, and so forth.
Make sure you choose a
nonprofit that is geared toward the
benefit of the local community and be sure your host
institution has a clear plan about what you can do to have a positive impact.
Although the 40 - year - old statute appears to have been the only one of its kind in the nation, officials from
nonprofit institutions across the board, including boarding schools and private colleges, had expressed fears that if Maine's approach were upheld, more states might seek to provide greater tax
benefits to
institutions that mostly serve in - state residents.
While engaging local community - based organizations is crucial, schools in New York City
benefit from working with the many organizations that are not neighborhood - specific (cultural
institutions, museums,
nonprofits, colleges, etc.) in forming partnerships as well.
(8) for an educational
benefit overpayment or loan made, insured or guaranteed by a governmental unit, or made under any program funded in whole or in part by a governmental unit or
nonprofit institution, or for an obligation to repay funds received as an educational
benefit, scholarship or stipend, unless excepting such debt from discharge under this paragraph will impose an undue hardship on the debtor and the debtor's dependents;
an educational
benefit overpayment or loan made, insured, or guaranteed by a governmental unit, or made under any program funded in whole or in part by a governmental unit or
nonprofit institution; or
(A)(i) an educational
benefit overpayment or loan made, insured, or guaranteed by a governmental unit, or made under any program funded in whole or in part by a governmental unit or
nonprofit institution; or
Four categories of student debt - a federal loan, a loan that's part or fully from a
nonprofit institution like a school, a private loan used for qualified education purposes (namely, the cost of attendance to an eligible
institution), or a loan for an «educational
benefit» — can not be discharged without proof of «undue hardship.»
The only real difference between for - profit and
nonprofit schools is that while for - profits are run for the
benefit of their owners,
nonprofits are run for the
benefit of the most - powerful stakeholders within those
institutions...
«the propriety of certain tax... exemptions which incidentally
benefit churches and religious
institutions, along with many secular charities and
nonprofit organizations... [R] eligious
institutions simply share
benefits which government makes generally available