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EBSA Form 700, version as of January 1, 2014 EBSA Form 700, revised version as of August 2014. EBSA Form 700 is a form that the United States Government had required certain non-profit organizations to complete and submit, beginning January 1, 2014, in order to claim an exemption from the contraceptive mandate under the Affordable Care Act.
If an organization is to qualify for tax exempt status, the organization's (a) charter — if a not-for-profit corporation — or (b) trust instrument — if a trust — or (c) articles of association — if an association — must specify that no part of its assets shall benefit any people who are members, directors, officers or agents (its principals).
Suppose that a for-profit corporation plans to manufacture and sell an anti-malarial drug and, as part of its business plan, will distribute that drug at low or no cost in African countries. If distribution in Africa is the corporation's sole benefit purpose, the corporation could appropriately be a SP corporation.
Feeding America is a United States–based non-profit organization that is a nationwide network of more than 200 food banks that feed more than 46 million people through food pantries, soup kitchens, shelters, and other community-based agencies. [3] Forbes ranks it as the largest U.S. charity by revenue. [4]
As of January 2018, the application for recognition of exemption as a 501(c)(4) organization is a new form, Form 1024-A, rather than Form 1024. [ 65 ] [ 66 ] Between 2010 and 2017, the number of 501(c)(4) organizations dropped from almost 140,000 to fewer than 82,000. [ 17 ]
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On November 11, 2016, MUFI announced its plans to implement the first sustainable urban "agrihood" in the United States. [9] This plan is an extension of the work the nonprofit has been doing since 2011 at the North End site, in which MUFI's existing agricultural campus is positioned as the centerpiece of a larger mixed-use development, with a ...
Charity Navigator is a charity assessment organization that evaluates more than 230,000 charitable organizations based in the United States, operating as a 501(c)(3) organization. [4] It provides insights into a nonprofit's financial stability, adherence to best practices for both accountability and transparency, and results reporting. [4]