A 501(c) organization is a nonprofit organization in the federal law of the United States according to 26 U. Sections 503 through 505 set out the requirements for attaining such exemptions. § 501 and is one of 29 types of nonprofit organizations which are exempt from some federal income taxes.
The more than 1,400 professors of economics and business now teaching at colleges and universities in North America who are NBER researchers are the leading scholars in their fields.
If you are, your Articles of Incorporation must contain a specific purpose clause and a dissolution of assets provision.
Suggested language and other resources for nonprofit corporations are available at the IRS website.
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.
NBER-affiliated researchers study a wide range of topics and they employ many different methods in their work.