Nonprofit organization

Nonprofit organization means a university or other institution of higher education or an organization of the type described in section 501(3) of the Internal Revenue Code of 1954 (26 U.S.C. 501(c)) and exempt from taxation under section 501(a) of the Internal Revenue Code (26 U.S.C. 501(a)), or any nonprofit scientific or educational organization qualified under a State nonprofit organization statute.

Source

48 CFR § 27.301


Scoping language

As used in this subpart

Is this correct? or