CFR /  Title 2  /  Part 25  /  Sec. 25.345 Nonprofit organization.

Nonprofit organization--

(a) Means any corporation, trust, association, cooperative, or other organization that--

(1) Is operated primarily for scientific, educational, service, charitable, or similar purposes in the public interest;

(2) Is not organized primarily for profit; and

(3) Uses net proceeds to maintain, improve, or expand the operations of the organization.

(b) Includes nonprofit--

(1) Institutions of higher education;

(2) Hospitals; and

(3) Tribal organizations other than those included in the definition of ``Indian Tribe.''