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A foundation which qualifies as (i) a private operating foundation, (ii) a conduit or "pass-through" organization that distributes qualifying gifts within two and one-half months of the end of its calendar year, or (iii) a donor "directed" fund (or "pooled fund foundation"), all as more fully described under Section 170(b)(1)(F). These types of foundations are treated, for charitable income tax purposes, as if they were public charities and thus, for example, cash gifts are limited to 50% of AGI, rather than 30% of AGI as with normal private foundations.

Synonyms: hybrid charitable foundations
Synonyms list (a comma-separated list)
hybrid charitable foundations