Definition of Charitable organization:
Incorporated or non-incorporated tax exempt body which (1) is created and operated for charitable purposes, (2) employs all its resources to those charitable activities that are under its direct control, (3) does not distribute any part of the income generated for the benefit of any trustee, trustor, member, or other private individual, and (4) does not contribute to or associates with political organizations.
How to use Charitable organization in a sentence?
- The charitable organization was kind enough to extend the deadline for submitting the list of guest speakers for the special night.
- My employer offers a fantastic matching program that we can use to make donations to the charitable organization of our choice.
- When i see big companies doing what they can to help out the needy, I think to myself Wow, that is a very charitable organization ..
Meaning of Charitable organization & Charitable organization Definition