All of the Following Are True of 501(c)(3) Organizations EXCEPT

Multiple Choice

All of the following are true of 501(c) (3) organizations EXCEPT

A) they receive certain tax exemptions.
B) they include public charities.
C) their donors may reduce their tax deductibility for their donations.
D) they include private operating foundations that sponsor and fund their own programs.
E) they must answer to their shareholders.