Are Some Exempt Organizations Eligible to Be Recipients of Contributions

question 40

Essay

Are some exempt organizations eligible to be recipients of contributions for which the donor does not qualify for a charitable contribution deduction?

---

Definitions:

Sell the Stock

The action of disposing of shares in a company.

Margin Call

A demand by a broker for an investor to deposit additional money or securities to cover possible losses.

Initial Margin

The upfront payment required to enter into a trading position as a guarantee against potential losses.

Maintenance Margin

The minimum account balance that an investor must maintain in a margin account after buying securities on credit, to protect brokers against deficits.