Corporate Angel Network Gains Public Charity Status

Business Jet Traveler » February 2007
Thursday, February 1, 2007 - 4:00am
The IRS has classified the Corporate Angel Network, the nonprofit organization that provides free air transportation for cancer patients using empty seats on corporate aircraft, as a "public charity." The classification, which is retroactive to Jan. 1, 2001, means CAN donors receive the most favorable income-tax treatment for their donations, and that CAN may accept funding from private foundations. For additional information on CAN, call (914) 328-1313, or visit its Web site at www.CorpAngelNetwork.org.
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“Um, private jets? I have such a hard time flying commercial. I always want to—it’s cheaper, it’s easier—but there can be 300 perfectly lovely people at the gate and one crazy person who ruins it for everyone, so flying private is great      because I don’t have to worry.”   ”

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