Section 501(f): Education

Section 501(f) delivers the exemption for cooperative service organizations that happen to be operating educational organizations. These cooperative organizations are regarded as charitable organizations, that happen to be organized and controlled solely by members that come about to become private or public educational institutions.These organizations are organized and operated solely to hold, commingle, and collectively invest and reinvest in stocks and securities contributed by every single member on the organization and to gather the revenue from these investments and turn it more than for the members.
 

Section 501(k): Youngster care
Section 501(k) delivers the exemption for youngster care organizations. The exemption applies exactly where substantially all the care offered by the organization is for the goal of enabling folks to become gainfully employed. The solutions offered by the organization will need to be out there for the common public. In other words, if a youngster care facility delivers preference for the young children of personnel of a distinct employer, it does not qualify for the exemption.