Not-for-profit organization definition

Not-for-profit organization means a nonprofit corporation as defined in ORS 307.130.

Not-for-profit organization means an entity exempt from tax under state law and under Section 501(c)(3) of the Code. Section 501(c)(3) only includes entities organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary or educational purposes, or to xxxxxx national or international amateur sports competition or for the prevention of cruelty to children or animals. Not-for-Profit Organization shall also mean entities outside the United States exempt from local and national tax laws because they are organized and operated exclusively for purposes identical to those applicable to Section 501(c)(3) organization.

Not-for-profit organization means an entity exempt from tax under state law and under Section 501(c)(3) of the Code. Section 501(c)(3) only includes entities organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary or educational purposes, or to xxxxxx national or international amateur sports competition or for the prevention of cruelty to children or animals. Not-for-Profit Organization shall also mean entities outside the United States exempt from local and national tax laws because they are organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary or educational purposes, or to xxxxxx national or international amateur sports competition or for the prevention of cruelty to children or animals.

Examples of Not-for-profit organization in a sentence

• Not-for-Profit Organization: A group, institution, or corporation formed for the purpose of providing goods and services under a policy where no individual (e.g., trustee) will share in any profits or losses of the organization.

• SPEFL-SC is Not-for-Profit Organization, registered under the Societies Registration Act, 1860.

• Food Industry Capacity & Skill Initiative (FICSI) is a Not-for-Profit Organization, registered under the Societies Registration Act, 1860.

• RICHLAND COUNTY FOUNDATION (continued) In accordance with SFAS No. 136, “Transfers of Assets to a Not-for-Profit Organization or Charitable Trust that Raises or Holds Contributions for Others”, the portion of this fund contributed by the Foundation is considered a reciprocal transfer because the Foundation is also the beneficiary of this fund.

• According to Financial Accounting Standards Board Codification 958-605-25-21, Transfers of Assets to a Not-for-Profit Organization or Charitable Trust That Raises or Holds Contributions for Others, when a not-for-profit transfers a portion of its own assets to a fund in a community foundation, the not- for-profit organization continues to report those assets as its own, with the activity for the year shown in the Statements of Activities.

More Definitions of Not-for-profit organization

Not-for-profit organization or "organization" means a domestic

Not-for-profit organization means an entity exempt from tax under state law and under Section 501(c)(3) of the Code. Section 501(c)(3) includes entities organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary or educational purposes, or to xxxxxx national or international amateur sports competition or for the prevention of cruelty to children or animals. “Recognized Service” means the period of service as an employee set forth in the Firm’s applicable service-related policies.

Not-for-profit organization means a domestic corporation incorpo-

Not-for-profit organization means an organization that is exempt from federal income taxation under section 501(a) and (c)(3) of the "Internal Revenue Code of 1986," 26 U.S.C. 501(a) and (c)(3).

Not-for-profit organization means a licensed EMS provider service/organization which is incorporated with the Secretary of State as a nonprofit corporation under Chapter 7.6 of the R.I. General Laws.

Not-for-profit organization means an entity that is either incorporated as a not-for-profit corporation under the laws of the state of its incorporation or exempt from federal income tax pursuant to subdivision c of section five hundred one of the United States internal revenue code.

Not-for-profit organization means a Social Enterprise which is any of the following entities: