An organization that is based on its close relationship to one or more public charities. It is an entity, either trust or corporation, that is operated exclusively for religious, charitable scientific, testing for public safety, literary or educational purpose, or to foster national or international amateur sports competition, or for the prevention of cruelty to children or animals, no part of the net earnings of which inure to the benefit of any private shareholder, or individual. No substantial part of the activities can carry on propaganda or influencing of legislation or political contests. It generally takes on one of three forms: parent-subsidiary; brother-sister, or entrepreneurial.
a charitable entity that formally links itself with one or more existing public charities, such as Goodwill
a grantmaking organization that avoids private foundation status by being operated, supervised, controlled by, or in connection with the Foundation
an entity created to operate exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more existing public charities
an excellent alternative to a private foundation
a public charity that in carrying out its charitable purpose supports another exempt organization, in almost all cases another public charity
a separate entity formed by a donor and operated exclusively for the benefit of one or more designated public charities
a separate entity that is recognized for tax purposes and has its own governing body
a separate legal entity from the Greater Kansas City Community
a separate non-profit charitable corporation, a kind of subdivision of the corporate structure of the Community Foundation
a structure unique to community foundations that will enable LCF to leverage the community expertise, investment benefits, and endowment building of TSFF while maintaining a separate and independent nonprofit tax status
a tax-exempt entity whose purpose is to benefit or further the purposes of one or more charities
An organization that is treated as a public charity, instead of a private foundation, because of its relationship to one or more public institutions or publicly supported charities. IRS Section 509(a) describes three levels of relationship that will classify the charity as a supporting organization: “operated, supervised, or controlled by†(Type 1); “supervised or controlled in connection with†(Type 2); and “operated in connection with†(Type 3).
Another charitable organization, usually a private foundation that attaches itself to the community foundation to achieve public charity status, thus eliminating IRS payout requirements, excise taxes, etc. The board of the supporting organization must have a majority of its members selected by the community foundation, and must meet certain other specifications. echnical Assistance Operational and/or management assistance given to a charitable organization by the GCRCF, usually for fundraising advise, administrative consultation, etc. by foundation staff or others provided by a foundation grant, etc. Often the foundation will arrange for pro bono professional legal or accounting services, etc.
A supporting organization is a charity that is not required to meet the Public Support Test because it supports a public charity. To be a supporting organization, a charity must meet one of three complex legal tests that assure, at a minimum, that the organization being supported has some influence over the actions of the supporting organization. Although a supporting organization may be formed to benefit any type of public charity, the use of this form is particularly common in connection with community foundations. Supporting organizations are distinguishable from donor-advised funds because they are distinct legal entities.
A large fund at the Foundation with its own staff. Supporting organizations can be established with a gift of around $2 million.
An organization created primarily to fund the activities of one or more existing public charities. There must be a close relationship between the supporting organization and one or more such public charities.
A supporting organization is classified as a public charity rather than a private foundation. A donor chooses one of several charitable organizations to be benefited by the supporting organization, which will manage the funds. The supporting organization may support more than one charity.