(iii) a corporation that is organized & operated exclusively for:
(1) religious;
(2) charitable;
(3) scientific;
(4) literary;
(5) education; or
(6) similar purposes
Charitable contributions are deductible under the federal income tax laws.
Congratulations! You're now Froogled Up™ on what "Charitable Contribution" means!
Feel free to use it throughout your financial/insurance life.