How were the nonprofits selected to participate?
The requirements to participate were set out by the Alaska Legislature in the new law. Some of those requirements are: • The nonprofit is designated as a 501(c)(3) educational or charitable organization on the date of application and for the two calendar years that immediately precede the year the application is filed. • It has a current Internal Revenue Service Form 990 on file, or if the IRS has granted a filing extension for the current year, has on file that form for the immediately preceding year. • It is directed by a voluntary board of directors or local advisory board whose members are residents of the state. • It provided services in Alaska during the two calendar years that immediately precede the year the application is filed. • It receives at least $100,000 or five percent of its total annual receipts, whichever is less, from contributions. You can find the entire bill on-line at www.legis.state.ak.us/basis — search for House Bill 166 of the 25th Legislature.
The requirements to participate were set out by the Alaska Legislature. The requirements are: • The nonprofit is designated as a 501(c)(3) educational or charitable organization on the date of application and for the two calendar years that immediately precede the year the application is filed. • Unless federally exempt, it has a current Internal Revenue Service Form 990 on file, or if the IRS has granted a filing extension for the current year, has on file that form for the immediately preceding year. • It is directed by a voluntary board of directors or local advisory board members and a majority of them are residents of the state. • It provided services in Alaska during the two calendar years that immediately precede the year the application is filed. • It receives at least $100,000 or five percent of its total annual receipts, whichever is less, from contributions. You can find the entire bill on-line at www.legis.state.ak.us/basis — search for House Bill 166 of the 25th Legislatu
