pratfall (plural pratfalls) A fall onto the buttocks. A humiliating mistake. A staged trip or fall, often for comedic purposes. The motivational speaker started with a pratfall so he could speak about the importance of getting back up. Synonyms (a fall on to the buttocks): (a humiliating mistake): blunder, howler
The Many Advantages of 501c3 Status. 1  Tax-deductibility of donations to the organizationâyou can give tax-deductible receipts for all cash and non-cash donations. 2  Lower nonprofit postage rates for mailing over 250 identical pieces of mail. 3  Public service announcements on radio and TV (free but limited availability).
A nonprofit corporation that has been given 501c3 status by the Internal Revenue Service is not only tax exempt, but it also allows donors to write off donations.Not every nonprofit organization needs to apply for federal tax-exempt status. 501c3 is considered a charity, and the IRS allows donors to take a tax deduction for contributions of goods, cash and other assets.