thanks. What are these "greater tax benefits of public charities"? They both qua... | Hacker News

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		AlbertCory on Dec 5, 2023 \| parent \| context \| favorite \| on: Ousted propaganda scholar accuses Harvard of bowin... thanks. What are these "greater tax benefits of public charities"? They both qualify for deduction of contributions.

alexarnesen on Dec 6, 2023 | [–]

Contributions to charities can reduce taxable income up to 50% (of amount) for the donor. For foundations this figure maxes out at 30%.

AlbertCory on Dec 6, 2023 | [–]

I could look this up if I were inclined. I imagine, though, that a public charity is eligible to receive government grants or contracts.

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