LBO-talk's favorite charities?

[Wojtek Sokolowski]

> (Some left political causes have found a way to make 
> contributions to them deductible, and that does not remove 
> them from the list of useful contributions. But much 
> political activity remains to be funded.)
> 
> Carrol
>

The way it is done is to register as an Internal Revenue Code 501 (c)
(3) organization which is exempt form income and properety taxes and the
donations to which are also exempt, but cannot engage in influencing
pending legislation or promote a candidate to a political office (but it
can "educate public and legilsators" about various political issues),
and then spin off a 501 (c) (4) "subsidiary" which can engage in the
said political activities, but the donations to which are
non-deductible. 

Wojtek