A charitable organization is a type of nonprofit organization (NPO). Its focus is centered on goals of a general philanthropic nature (e.g. charitable, educational, religious, or other activities serving the public interest or common good). Charitable organizations may apply to the Internal Revenue Service (IRS) for recognition as a tax exempt charitable organization described in Section 501(c)(3) of the Internal Revenue Code. Assuming the organization receives this recognition from the IRS, the recipient organization does not have to pay income tax on the donation and the donor, depending on the particular tax situation, may receive a deduction on their tax return.
The SDMS Foundation has been recognized by the IRS as a tax exempt public charity. Your donation is deductible for income, gift, and estate tax purposes to the extent permitted by law. Donors should also consult a tax professional for more information.
The various programs offered or under development by the SDMS Foundation will benefit individual SDMS members (as recipients of grants or scholarships) as well as the entire sonography community and the patients they serve.