private nonprofit organization

(5) The term “private nonprofit organization” means any of the following: (A) Any incorporated private institution or foundation— (i) no part of the net earnings of which inures to the benefit of any member, founder, contributor, or individual; (ii) which has a governing board that is responsible for the operation of the supportive services provided under this section; and (iii) which is approved by the Secretary as to financial responsibility. (B) A for-profit limited partnership, the sole general partner of which is an organization meeting the requirements of clauses (i), (ii), and (iii) of subparagraph (A). (C) A corporation wholly owned and controlled by an organization meeting the requirements of clauses (i), (ii), and (iii) of subparagraph (A). (D) A tribally designated housing entity (as defined in section 4 of the Native American Housing Assistance and Self-Determination Act of 1996 ( 25 U.S.C. 4103 )).

Source

38 USC § 2044(f)(5)


Scoping language

In this section
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