501(c)(10)
From Ballotpedia
501(c)(10) is an Internal Revenue Service (IRS) tax exemption status that applies to "domestic fraternal societies, orders, or associations that operate under the lodge system ... devote their net earnings exclusively to religious, charitable, scientific, literary, educational and fraternal purposes [and] do not provide for the payment of life, sick, accident, or other benefits."[1]
501(c)(10) entities are not required to provide benefits to their members, but may choose to offer elective insurance coverage through an independent insurance company. 501(c)(10) organizations must originate and operate within the United States[2]
Examples
- Free and Accepted/Ancient Free and Accepted Masons
- Shriners International
- Knights Templar of the United States of America
- Knights of Pythias
- Order of the Eastern Star[3]
See also
External links
Footnotes
- ↑ IRS.gov, "IRC 501(c)(8) fraternal beneficiary societies and IRC 501(c)(10) domestic fraternal societies," accessed September 19, 2015
- ↑ IRS.gov, "Other 501(c) organizations," accessed September 21, 2015
- ↑ National Center for Charitable Statistics, "Organizations by IRS subsection 501(c)(10)," September 21, 2015
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