IRS Logo
Print - Click this link to Print this page

Form 1023: Information about Ownership of Intellectual Property

Part VIII asks about intellectual property.  This question is very broad - as written, it could include even a charity's brochures or donor list.  What do you want?

We expect a general explanation about an organization's involvement in intellectual property, defined in the instructions as including patents, copyrights, trade names, and formulas. We don't necessarily want the actual material, especially if you do not want it available to the general public, because approved application materials are subject to public disclosure.

We are specifically interested in situations where an organization intends to exploit its intellectual property commercially.  For example, if you intend to develop a smoking cessation program that will be marketed to the public, you should explain the ownership and rights, including sharing of revenues with private parties. If an organization intends to develop brochures and other materials relating to its fund raising efforts, this type of general explanation would be sufficient.

Page Last Reviewed or Updated: 24-Oct-2013