Could it be that as a charity they can only accept donations or else they will get taxed on the profit?
That's what I was wondering...
There's no way the WTS is going to give up 6% interest on anything unless it costs them more in the long run. They also don't like having to answer to any kind of authority when it comes to Caeser's things...how very unlike Christ...
No, this should not be an issue.Interest income earned by a charity is non-taxable. HOWEVER, if the interest eaned is used for a purpose not related to the charity that can become an issue.