SVA's "for-profit" status

unsoccer-mom
Wed, 03 Aug 2005 10:19:18 +0000

From the SVA website regarding charitible contributions to the school’s Alumni Society:

[Your donation to The Alumni Society of School of Visual Arts provides scholarships and awards to matriculated SVA students in all majors. On-line donations are designated for the Alumni Scholarship Fund, and 100% of your donation directly benefits students. No contributed funds are used for overhead or administrative costs. All donations to The Alumni Society of School of Visual Arts, Inc., a non-profit, 501(c)(3) organization, are fully tax deductible.]