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.
Share this...

Add your comment:

By submitting a comment, you are allowing AIN Publications to edit and use your comment in all media.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
 

Quote/Unquote

“Business aviation for us is not a luxury. It’s for connecting with people and being inclusive, not exclusive. It’s about working hard and staying fresh, and leading our company into the future. The work we do would be impossible without an aircraft. ”

-Kurt Listug, cofounder of Taylor Guitars