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Is There a Time Limit for Distributing Funds Raised for a Specific Cause?

Is There a Time Limit for Distributing Funds Raised for a Specific Cause? Question: Several times each year our 501(c)(3) organization raises funds for a specific cause (or other charity) through a special event or a raffle. Once the event takes place, how long do we have to submit the funds to the designated charity?

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