Question by christine s: Will it affect disability / other benefits if I start a nonprofit for paralyzed singles and donate to them?
I want to start a non-profit organization that will be 100% volunteers to raise money through fundraisers, grants, etc. With this money, I would like to select 1 (or more) paralyzed resident (based on their application) of my local community a year to help improve their quality of life. I hope to raise money for things like automobile modifications, wheelchair accessible bathroom, ramps, etc. I just don't know if I do this, will it adversely affect the person receiving the "gift" of charity?
Best answer:
Answer by roscoedeadbeatI believe that if you start a Foundation, then give Grants to the people, they are tax-free. You might call Social Security at (800) 772-1213. and ask if such a grant would count as income and affect their disability insurance payments.
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