> > Not in the US. Non-profit orgs have to spend at least 5% gross on charitable > > means. > > I don't think so. Where did you see that? >
It has to do with the "charitable" organization. The exact figure of 5% isn't in stone, more of it shows that the company is donating money to charity, and thus a charitble organization. One of the qualifying factors for a corporation to receive the tax benefits of a 501(c) is that they are a charitable organizations (others are religious, education, etc). I.e. it's a way to stay "safe"... -BKN . Please use the following Message Identifiers as your subject prefix: <SALES>, <JOBS>, <LIST>, <TECH>, <MISC>, <EVENT>, <OFF-TOPIC> Access the list online at: http://groups.yahoo.com/group/EDI-L Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/EDI-L/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
