Does the organizing document limit the organization’s purposes to those which are exempt within Section 501(c)(3)?

 

In order to be exempt under IRC 501(c)(3), the organizing document must have the purposes of the organization limited to one or more exempt purposes within Section 501(c)(3), such as charitable, religious, educational, and/or scientific purposes. The following is an example of an acceptable purpose statement to be included as part of the organizing document:

The organization is organized exclusively for charitable, religious, educational, and scientific purposes under IRC Section 501(c)(3), or corresponding section of any future federal tax code.

Does the organizing document limit the organization’s purposes to those which are exempt within Section 501(c)(3)?

Yes | No