One downside of this is that charitable donations are typically tax deductable, but political donations aren’t. Whether this matters depends on tax brackets and whether the donater is going to itemize, but I imagine it would make it harder to convince people.
I doubt this organization could get 501(c) status since it’s only purpose is to make political donations (and it only matters if the organization you donate to is 501(c), it doesn’t matter if they then re-grant it to another charitable organization). I’m not an expert on this though.
One downside of this is that charitable donations are typically tax deductable, but political donations aren’t. Whether this matters depends on tax brackets and whether the donater is going to itemize, but I imagine it would make it harder to convince people.
should make it easier to convince, no? this system is more likely to mean the donation is tax deductible which is good
I doubt this organization could get 501(c) status since it’s only purpose is to make political donations (and it only matters if the organization you donate to is 501(c), it doesn’t matter if they then re-grant it to another charitable organization). I’m not an expert on this though.
Maybe you would need a trust in between?
But yeah, good point, it might explain (more) why it didn’t blow up.