IDEA: What is the difference between a public charity and a private foundation?
There are many different types of organizations that are there to help others. There are two that are easily confused: public charities and private foundations. I am going to inform you of the differences in between these two types of establishments, and how each one works. The IRS states that private foundations and public charities are primarily distinguished by the level of public involvement in their activities (2010). Public charities tend to have more public involvement, as they receive donations from a magnitude of sources. The Lawyers Alliance for New York says the most common type of a public charity has an active program of fundraising and receiving contributions from many sources, including the general public, governmental agencies, corporations, private foundations or other public charities. In contrast, private foundations typically have a single major source of funding, as in one family or corporation (n.d.). This illustrates that private foundations have less public involvement than public charities due to only having one or a few contributors.
References:
Internal Revenue Service (2010). EO operational requirements: Private foundations and private charities
Retrieved from: http://www.irs.gov/charities/article/0,,id=139019,00.html
Retrieved from: http://www.irs.gov/charities/article/0,,id=139019,00.html
Lawyers Alliance for New York (n.d.). Life cycle moment: The end of advanced ruling period.
Retrieved from: http://www.lawyersalliance.org/pdfs/news_legal/The%20End%20of%20the%20Advance%20Ruling%20Period.pdf
Ethos: I plan on using ethos by using reputable sources, such as the IRS and the Lawyers Alliance for NY. These are sources that people trust, and they will also trust me if I am using such sources.
Logos: This podcast will rely on facts that are hopefully logical and reasonable.
Pathos: I am unsure on how this podcast will appeal to emotion, but perhaps it can through my tone of voice