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SCHOOL FUNDRAISING FOUNDATIONS
SUMMARY
Schools in San Diego County are facing financial crisis as funding is cut repeatedly.
Parents and concerned groups look for ways to raise money to help the schools
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What is school fundraising foundations?
School fundraising foundations are non-profit organizations set up to raise funds for a specific school or educational institution.
Who is required to file school fundraising foundations?
School fundraising foundations are typically required to file with the IRS as tax-exempt organizations.
How to fill out school fundraising foundations?
School fundraising foundations must fill out Form 990 with the IRS to report their financial information.
What is the purpose of school fundraising foundations?
The purpose of school fundraising foundations is to support educational programs and initiatives at a specific school or educational institution.
What information must be reported on school fundraising foundations?
School fundraising foundations must report financial information such as revenue, expenses, and fundraising activities.
When is the deadline to file school fundraising foundations in 2023?
The deadline to file school fundraising foundations in 2023 is typically May 15th.
What is the penalty for the late filing of school fundraising foundations?
The penalty for late filing of school fundraising foundations can vary, but may include fines or loss of tax-exempt status.
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