Establishment And Operation Of Charitable Trusts In Oregon

June 5th, 2008 | by admin |

Oregon is a state which is really well known for its liberal policies when it comes to establishment and maintenance of charitable trusts. All the charitable trusts in Oregon are required to be in constant touch with three organizations. These are the Internal Revenue Service, Oregon health promotion Department of Justice's Charitable Activities Section and Corporation Division which is a part of the Office of the Secretary of State of Oregon. The law also requires an annual report to be filed so that the charitable trusts continue to be recognized as such.Similarly annual financial reports are to be filed with the state DOJ and Informational Tax Return with the IRS.

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