Charitable Institution definition
Charitable Institution shall refer to an organization described in section 501(c)(3) of the Code (or any corresponding provision of a future United State Internal Revenue law) which is exempt from income taxation under section 501(a) thereof; and (iii) “presumptive remaindermen” shall refer to those Persons entitled to a share of a trust’s assets if it were then to terminate.
Charitable Institution means an organization described in Section 501(c)(3) of the Code (or any corresponding provision of a future United States Internal Revenue law) which is exempt from income taxation under § 501(a) thereof.
Charitable Institution means a charity or an institution (other than a charity) which is established for charitable, benevolent or philanthropic purposes;
Examples of Charitable Institution in a sentence
In the event of the failure of the Trusts if this Deed, any assets remaining after the satisfaction of the debts and liabilities of this particular Charity shall be given to such other Charitable Institution or Institutions having objects similar to those of the Charity as the Council shall decide.
More Definitions of Charitable Institution
Charitable Institution means a corporation or body of persons associated for charitable purposes;
Charitable Institution means a facility that is:
Charitable Institution s account” means an account kept by a registered financial institution for a charitable institution the name of which account is included in a certificate issued and in force under section 19A;
Charitable Institution means an institution approved by the Director-
Charitable Institution means any charitable establishment, with a specific location and known address which is dedicated to, or for the benefit of, or used as of right by, the public generally or any community or section thereof, for any pious, charitable or philanthropic purpose ;
Charitable Institution means any establishment, undertaking, organisaton or association formed for a charitable purpose and includes specific endowment and Dharmadayam.”
Charitable Institution means a facility that is public or private, nonprofit, and tax-exempt under the Internal Revenue Code as documented by a letter of exemption; is not a penal institution (including a correctional institution that conducts rehabilitation programs); and provides food assistance to needy persons.