Donors' contributions to a 501(c)(3) organization are tax-deductible only if the contribution is for the use of the 501(c)(3) organization, and that the 501(c)(3) organization is not merely serving as an agent or conduit of a foreign charitable organization.
Expect ~$1,000 USD per exam for the exam fees and the CFA Institute books. Most people will also use a third-party self-study packages, which include practice exams, condensed books (the CFA ones are 2x+ longer), study tips, online question banks, etc. Factor in an additional $500-1,000 USD per exam for these. Schweser is the most popular study package: http://www.schweser.com/cfa/. No matter how diligent you think you are, most people I know took an additional 5-10 days holiday in the run-up to the exam.
Once you've made the decision to sit for the upcoming CFA exam, you need to develop a course of action. Here are some tips: Start Early. The CFA Institute estimates that at least 250 hours of independent study is necessary to pass each exam.In other words, a candidate starting six months before exam day should plan to spend no less than 10 hours a week studying.ere are some tips: Start Early. The CFA Institute estimates that at least 250 hours of independent study is necessary to pass each exam. In other words, a candidate starting six months before exam day should plan to spend no less than 10 hours a week studying.