This podcast discusses the origin and purpose of 501(c)(4) organizations, which are nonprofits that are tax-exempt and allowed to engage in political activities as long as they spend at least 51% of their funds on social welfare.
The tax code introduced in 1913 included a section called 501(c)(4) organizations or social welfare organizations, that are tax-exempt, non-profit organizations that can accept donations. These organizations have played a significant role in shaping politics, including labor unions.
This podcast discusses the evolution of 501(c)(4) organizations, from their initial purpose of promoting social welfare to their modern-day involvement in political activities.