SECTION 2. ELIGIBILITY

.01 Organizations meeting all three of the following criteria are eligible organi

Sec. 2.02 Bulletin No. 2015–1 187 January 2, 2015

ure to file a Form 990 series return or notice for three consecutive years).

(7) Churches or conventions or associations of churches described in § 170(b)(1)(A)(i).

(8) Schools, colleges, or universities described in § 170(b)(1)(A)(ii).

(9) Hospitals or medical research organizations described in § 170(b)(1)(A)(iii) or § 501(r)(2)(A)(i). Cooperative hospital service organizations described in § 501(e).

(10) Cooperative service organizations of operating educational organizations described in § 501(f).

(11) Qualified charitable risk pools described in § 501(n).

(12) Supporting organizations described in § 509(a)(3).

(13) Organizations that have as a substantial purpose providing assistance to individuals through credit counseling activities such as budgeting, personal finance, financial literacy, mortgage foreclosure assistance, or other consumer credit areas.

(14) Organizations that invest, or intend to invest, 5 percent or more of their total assets in securities or funds that are not publicly traded.

(15) Organizations that participate, or intend to participate, in partnerships (including entities or arrangements treated as partnerships for Federal tax purposes) in which they share profits and losses with partners other than § 501(c)(3) organizations.

(16) Organizations that sell, or intend to sell, carbon credits or carbon offsets.

(17) Health Maintenance Organizations (HMOs).

(18) Accountable Care Organizations (ACOs), or organizations that engage in, or intend to engage in, ACO activities (such as participation in the Medicare Shared Savings Program (MSSP) or in activities unrelated to the MSSP described in Notice 2011–20, 2011–16 I.R.B. 652).

(19) Organizations that maintain, or intend to maintain, one or more donor advised funds.

(20) Organizations that are organized and operated exclusively for testing for public safety and that are requesting a foundation classification under § 509(a)(4).

(21) Private operating foundations.

(22) Organizations that are applying for retroactive reinstatement of exemption under sections 5 or 6 of Rev. Proc. 2014– 11, 2014–3 I.R.B. 411, after being automatically revoked.

Further information regarding these eligibility requirements may be provided in the Instructions for Form 1023–EZ .

.03 Terrorist organizations. An organization that is identified or designated as a terrorist organization within the meaning of § 501(p)(2) is not eligible to apply for recognition of exemption.