Grants to nonprofit organizations that support minority business enterprises
Don't show this message again
(a) DefinitionIn this section, the term “covered entity” means a private nonprofit organization that—
(1)
is described in paragraph (3), (4), (5), or (6) of section 501(c) of title 26 and exempt from tax under section 501(a) of such title; and
(2)
can demonstrate that a primary activity of the organization is to provide services to minority business enterprises, whether through education, making grants or loans, or other similar activities.