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

• The Board of Directors, on the recommendation of CSR Committee, approved the CSR spending, apart from others, on providing financial support for creating additional infrastructure / renovations and other assistance to a Charitable Institution, which runs hospitals and medical college.

• Although employees are encouraged to be socially responsible and politically active, Employees may not contribute the institution’s funds or assets to any Charitable Institution or similar Institution, unless such contribution is expressly permitted by law and has been pre-approved by the appropriate, authorized representative of the Institution.

• The trust has been registered with Income Tax Authorities u/s 12(A) (a) as a Charitable Institution; Donations to the trust are exempt u/s 80G of the Income Tax Act, 1961.

• Even though the Religious Education and Charitable Institution Act has been repealed, already existing Letters Patent are saved by s144 of the Associations Incorporation Act 1981 (Qld) as if the Religious Education and Charitable Institution Act had not been repealed.

• The Club is affiliated with Surf Life Saving South Australia, is endorsed by the Australian Taxation Office as being a public benevolent institution and is a Charitable Institution.

More Definitions of Charitable Institution

Charitable Institution means an institution approved by the Director-General the objects of which - 43*

Charitable Institution means a facility that is:

Charitable Institution means a corporation or body of persons associated for charitable purposes;

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 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 a public or private nonprofit, tax-exempt entity organized for chari- table or public welfare purposes. It includes schools, service institutions and nonresidential child care institutions which meet the criteria of 441—73.45(234) and includes adult correctional institutions meeting the criteria of 441—73.46(234). It does not include schools which participate in the national school lunch program or receive commodities or cash refunds.

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.