Sec. 36. As used in this article, "eligible community foundation" means an organization that:
(1) is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code;
(2) satisfies the public support test of Section 170(b)(1)(A)(vi) of the Internal Revenue Code;
(3) is an autonomous, nonsectarian philanthropic institution with permanent, component funds established by many separate donors;
(4) is accredited under national standards for United States Community Foundations established by the Community Foundations National Standards Board; and
(5) supports a broad range of charitable activities within a specific geographic area in Indiana.
The term includes an affiliate fund of an eligible community foundation.
As added by P.L.50-2015, SEC.1.
Structure Indiana Code
6-3-1-2. Construction of Definitions
6-3-1-2.5. "Armed Forces of the United States"
6-3-1-3.5. "Adjusted Gross Income"
6-3-1-11. "Internal Revenue Code"
6-3-1-19. "Partnership" and "Partner"
6-3-1-21. "Nonbusiness Income"
6-3-1-22. "Commercial Domicile"
6-3-1-26. "Foreign Corporation"
6-3-1-28. "Combined Income Tax Return"
6-3-1-29. "Eligible Individual"
6-3-1-30. "Holocaust Victim's Settlement Payment"
6-3-1-31. "Victim of the September 11 Terrorist Attack"
6-3-1-32. "September 11 Terrorist Attack Settlement Payment"
6-3-1-33. "Bonus Depreciation"
6-3-1-34. "Qualified Military Income"
6-3-1-34.5. "Captive Real Estate Investment Trust"
6-3-1-35. "Pass Through Entity"
6-3-1-36. "Eligible Community Foundation"