Non-profit Organization

An organization that uses surplus revenues to achieve its goals rather than distributing them as profit or dividends.

Name REMS Category 
Business Related/Interest Group 5
Foundation/Charitable Trust 6
Charitable Organization 7

Business Related/Interest Group

Nonprofit organization sponsored by one or more business or other entities engaged in activities for profit, including: corporate foundations, industry or trade associations; and professional, union, or lobbying organizations. For US Nonprofits, any organization not defined as 501(c)(3).

How to verify: IRS publication 557 (pdf) or GuideStar.

Examples:
Wool Research Organization of New Zealand
Brain Mapping Medical Research Organization


Foundation/Charitable Trust

Non-profit foundations or charitable trusts, as defined in The Foundation Directory excluding corporate foundations, and including funds or endowments designated by the Internal Revenue Service as private grant-making foundations, community foundations, family foundations, and charitable trusts. New codes are not assigned to this category; previously created codes remain assigned to this category.

How to verify: IRS publication 557 (pdf) or GuideStar

Examples:
Geraldine R. Dodge Foundation 
Deer Creek Foundation 


Charitable Organization

 All new sponsor codes for charitable organizations are assigned to this category, unless the entity is found to be Business Related/Interest Group. For US Nonprofits, any organization defined at 501 (c)(3) by the IRS falls under this category. For non-profit entities outside of the US, a sponsor code will generally be linked to this category.

How to verify: IRS publication 557 (pdf) or GuideStar

Examples:
North County Health Services 
Bill & Melinda Gates Foundation