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    Ohio Charitable Trust Act Information Sheet

    Uploaded by

    Mary Gallagher
    The document provides information on registration and reporting requirements for charitable trusts in Ohio. It states that charitable trusts established or active in Ohio must register with the Attorney General's Charitable Law Section. It also requires annual reports be filed for organizations with over $25,000 in gross receipts or assets. Annual report fees range from $0 to $200 depending on asset size, and late fees of $200 may also apply. All forms and payments should be submitted to the Ohio Attorney General's Charitable Law Section.

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    Ohio Charitable Trust Act Information Sheet

    Uploaded by

    Mary Gallagher
    238 views1 page
    The document provides information on registration and reporting requirements for charitable trusts in Ohio. It states that charitable trusts established or active in Ohio must register with the Attorney General's Charitable Law Section. It also requires annual reports be filed for organizations with over $25,000 in gross receipts or assets. Annual report fees range from $0 to $200 depending on asset size, and late fees of $200 may also apply. All forms and payments should be submitted to the Ohio Attorney General's Charitable Law Section.

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    The document provides information on registration and reporting requirements for charitable trusts in Ohio. It states that charitable trusts established or active in Ohio must register with the Attorney General's Charitable Law Section. It also requires annual reports be filed for organizations with over $25,000 in gross receipts or assets. Annual report fees range from $0 to $200 depending on asset size, and late fees of $200 may also apply. All forms and payments should be submitted to the Ohio Attorney General's Charitable Law Section.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    238 views1 page

    Ohio Charitable Trust Act Information Sheet

    Uploaded by

    Mary Gallagher
    The document provides information on registration and reporting requirements for charitable trusts in Ohio. It states that charitable trusts established or active in Ohio must register with the Attorney General's Charitable Law Section. It also requires annual reports be filed for organizations with over $25,000 in gross receipts or assets. Annual report fees range from $0 to $200 depending on asset size, and late fees of $200 may also apply. All forms and payments should be submitted to the Ohio Attorney General's Charitable Law Section.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    Charitable Law Section

    Office 614.466.3181
    Fax 614.466.9788
    150 East Gay Street, 23rd Floor
    Columbus, Ohio 43215-3130
    www.OhioAttorneyGeneral.gov

    OHIO CHARITABLE TRUST ACT


    INFORMATION SHEET
    (Sections l09.23-.33, Ohio Revised Code)

    REGISTRATION
    The term "trust" is broadly defined to include any 501(c)(3) tax exempt organization or any 501
    (c)(4)charitable healthcare organization. Every charitable trust established or active in Ohio is required to
    register with the Attorney General's Charitable Law Section. Exemptions from registration are described in
    Attorney General Rules l09:l-l-02(B)(l)-(8) and can be found on the Charitable Law website. The Charitable
    Trust Registration Form (CFR-l) is to be filed, along with a copy of the instrument creating the organization,
    a copy of the Internal Revenue Service determination letter of exempt status, and an annual report for each of
    the three most recent years. Any subsequent amendments to these instruments must also be filed with the
    Attorney General.

    ANNUAL REPORT
    Each organization subject to registration shall also file an annual report with the Attorney General for each
    calendar or fiscal year in which it has gross receipts of more than $25,000 or gross assets of more than
    $25,000. The report shall be either the Annual Report of Charitable Organization form if the organization
    does not file a 990, complete copies of all annual federal returns required to be filed by the organization with
    the Internal Revenue Service and all attachments, (excluding the donor list), or the Verification of Filing with
    the Internal Revenue Service form, as required by Attorney General Rule 109:1-1-04(A)(1)-(3). All annual
    reports are required to be filed with the Attorney General on or before the fifteenth day of the fifth month
    following the close of the organization's taxable year, or by the due date of any federal extension.

    FILING FEES
    The following fees are due with the annual financial report:

    Assets Fees
    Less than $25,000 $ -0-
    $25,000 but less than $l00,000 $ 50
    $l00,000 but less than $500,000 $100
    $500,000 or more $200
    Late fee $200

    The term "assets" refers to the total current value of the trust's assets which are irrevocably devoted to
    charitable purposes at the end of the taxable year. Please note that any charitable trust that fails to pay this fee
    at the time required shall pay an additional fee of two hundred dollars. Any fee owed is not due until the
    federal due date. We honor all federal extensions. Checks are to be made payable to "Treasurer, State of Ohio."

    Always refer to your EIN when corresponding with this Office. Send all registration forms, annual financial
    reports, and fees, and direct all questions and correspondence to:

    Ohio Attorney General


    Charitable Law Section
    150 East Gay Street, 23rd Floor
    Columbus, Ohio 43215-3130
    (614) 466-3181
    (revised 4/11)

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