functionally integrated type III supporting organization
Defined in 1 place of the United States Code.
The term “functionally integrated type III supporting organization” means a type III supporting organization which is not required under regulations established by the Secretary to make payments to supported organizations (as defined under section 509(f)(3)) due to the activities of the organization related to performing the functions of, or carrying out the purposes of, such supported organizations.
Source
- 2006–present26 U.S.C. § 4943Internal Revenue Code · Taxes on excess business holdings · for purposes of this section