The BNN Tax-Exempt Organizations Blog

Posts tagged Public Charity Status

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Section 509(a)(3) Supporting Organizations

In December of last year, the IRS issued final and temporary regulations impacting Type III supporting organizations.  The new Regulations significantly alter the landscape which both functionally and non-functionally integrated supporting organizations must navigate in order to maintain their public charity status.  The new regulations are effective for all tax years beginning after December 28, 2012 and this has led many organizations to proactively change their public charity status prior to the end of this current tax year.