Providing for the public examination of a record associated with a donation made to a government body by a nonprofit corporation

The bill provides that any record belonging to a corporation filing as a supporting organization under section 509(a)(3) of the Internal Revenue Code (IRC) is deemed a government body and a record belonging to the corporation is deemed to be a public record, unless the record is confidential under another Iowa statute or federal statute or regulation. Section 509(a)(3) applies when the supporting organization providing a donation has a nexus to the operations or control of the supported organization receiving the donation. BILL’S PROVISIONS —— RECORDS BELONGING TO A NONPROFIT CORPORATION SUPPORTING A PUBLIC EDUCATIONAL INSTITUTION. The bill provides that a corporation is deemed to be a government body for the limited purpose of allowing a person the right to examine and copy a record belonging to the corporation, if certain conditions are satisfied. The record must relate to a donation made by the corporation to a public educational institution or to a private foundation that supports a public educational institution, and the record cannot be confidential under another Iowa statute or federal statute or regulation. The bill eliminates a current exception that provides for the confidentiality of records relating to a charitable donation made to a foundation acting solely for the support of certain institutions, including a university governed by the state board of regents, the Iowa state fair, or a community college.