Scholarship foundation definition
Scholarship foundation means a nonstock, nonprofit corporation that is (i) exempt from taxation
Scholarship foundation means the same as that term is defined in § 58.1-439.25.
Scholarship foundation means a nonstock, nonprofit corporation that is (i) exempt from taxation under Section 501(c) (3) of the Internal Revenue Code of 1954, as amended or renumbered; (ii) approved by the Department in accordance with the provisions of Section 58.1-439.27 of the Code of Virginia; and (iii) established to provide financial aid for the education of students, eligible students with a disability, and/or eligible pre-kindergarten children residing in the Commonwealth.
More Definitions of Scholarship foundation
Scholarship foundation means a nonstock, nonprofit corporation that is (i) exempt from taxation under § 501(c)(3) of the Internal Revenue Code of 1954, as amended or renumbered; (ii) approved by the Department of Education in accordance with the provisions of § 58.1-439.27; and (iii) established to provide financial aid for the education of students residing in the Commonwealth.