charitable corporation

A nonprofit corporation that is dedicated to benevolent purposes and thus entitled to special tax status under the Internal Revenue Code.

— Also termed eleemosynary corporation. See CHARIT-ABLE ORGANIZATION. [Cases: Internal Revenue 4045–4069. C.J.S. Internal Revenue §§ 327, 462–474.]

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词条贡献者

法律翻译Jenna，欧洲顶尖商学院国际经济法专业，专注翻译各类与投资基金和私募股权有关的法律文件。