Summary of Requirements for Type I and Type III Supporting Organizations - A Proposed Rule by the Internal Revenue Service on 2/19/2016

On February 19, 2016, the Treasury Department and the Internal Revenue Service issued proposed regulations regarding the prohibition on certain contributions to Type I and Type III supporting organizations and the requirements for Type III supporting organizations. 

The Council is helping to lead the sector’s review and analysis of the proposed regulations. Please email govt@cof.org to share the ways that supporting organizations have been valuable to your foundation. Your input will be reflected in our analysis and in the comments we submit to the Treasury Department.