### Question
How is the term qualified charitable risk pool defined?


### Answer
The term **qualified charitable risk pool** is defined in *26 U.S.C. § 501* as the following:

> any organization—


(A) which is organized and operated solely to pool insurable risks of its members (other than risks related to medical malpractice) and to provide information to its members with respect to loss control and risk management,


(B) which is comprised solely of members that are organizations described in subsection (c)(3) and exempt from tax under subsection (a), and


(C) which meets the organizational requirements of paragraph (3)

#### Citation:
  - *26 U.S.C. § 501*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter F-Exempt Organizations > PART I-GENERAL RULE**

