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usage of funds


Guest Rayne

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Can one 501(c)3 give money to another 501(c)3 to turn around and give the same money a third party, who is not a 501(c)3 and then ask the 3rd party to enter into an agreement as to how the funds will be spent and any money leftover goes back to the 501 receiving the money?

I apologize for any confusion, but I need an answer.  Something doesn't sound quite right to me.  This was not done at a meeting, it was not voted on.

Thank you!

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