Code of Virginia (Title 58.1 — Taxation)
Va. Code § 58.1-3618
College alumni associations and foundations
Official textlaw.lis.virginia.gov
Incorporated alumni associations operated exclusively on a nonprofit basis for the benefit of colleges or other institutions of learning located in Virginia, and incorporated charitable foundations conducted not for profit, the total income from which is used exclusively for literary, scientific or educational purposes, are hereby classified as charitable and cultural organizations.
Source: view the official text
Nearby sections (25 sections)
- 58.1-3606.2 · Property exempt from taxation; nonprofit institutions of…
- 58.1-3607 · Property exempt from taxation by designation
- 58.1-3608 · Exempt organization's use of property owned by another
- 58.1-3609 · Post-1971 property exempt from taxation by classification
- 58.1-3610 · Volunteer fire departments and volunteer emergency medical…
- 58.1-3611 · Certain boys and girls clubs
- 58.1-3612 · Auxiliaries of the Veterans of World War I
- 58.1-3613 · Societies for the Prevention of Cruelty to Animals
- 58.1-3614 · Boy Scouts and Girl Scouts of America
- 58.1-3615 · Home Demonstration Clubs, 4-H Clubs and Future Farmers of…
- 58.1-3616 · American National Red Cross
- 58.1-3617 · Churches and religious bodies
- 58.1-3618 · College alumni associations and foundations
- 58.1-3619 · The State Future Farmers of America, Future Homemakers of…
- 58.1-3620 · Properties inundated by water
- 58.1-3621 · Farm club associations
- 58.1-3622 · Habitat for Humanity and local affiliates or subsidiaries…
- 58.1-3650 · Post-1971 property exempt from taxation by designation
- 58.1-3651 · Property exempt from taxation by classification or…
- 58.1-3652 · Exempt organization's use of property owned by another
- 58.1-3660 · Certified pollution control equipment and facilities
- 58.1-3660.1 · Certified stormwater management developments and property
- 58.1-3661 · Certified solar energy equipment, facilities, or devices…
- 58.1-3662 · Generating and cogenerating equipment used for energy…
- 58.1-3663 · Partial taxation by one political subdivision of utility…