A community foundation is recognized by the Internal Revenue Service (IRS) as tax-exempt under Internal Revenue Code Section 501 (c) (3) organized and operated exclusively for charitable purposes.

A community foundation is recognized by the Internal Revenue Service (IRS) as tax-exempt under Internal Revenue Code Section 501 (c) (3) organized and operated exclusively for charitable purposes.
Mission, Structure and Governance - Standard II. Part B.

The Standard

Underlying Rationale

Internal Revenue Service recognition provides assurance to the public that the community foundation operates solely for charitable purposes and that their contributions to the community foundation are not taxed

Potential Outcomes

Outcomes being developed.

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A community foundation is recognized by the Internal Revenue Service (IRS) as tax-exempt under Internal Revenue Code Section 501 (c) (3) organized and operated exclusively for charitable purposes. Mission, Structure and Governance - Standard II. Part B.

The Standard

Underlying Rationale

Potential Outcomes

A community foundation is recognized by the Internal Revenue Service (IRS) as tax-exempt under Internal Revenue Code Section 501 (c) (3) organized and operated exclusively for charitable purposes.
Mission, Structure and Governance - Standard II. Part B.