Nonprofit - Instrumentality of Government
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A Nonprofit - Instrumentality of Government is a not-for-profit organization that serves a public purpose and is closely tied to federal and/or state government. May be a private company that is chartered directly by the state or federal government. Instrumentalities are subject to a unique set of laws that shape their activities. Examples include: Fannie Mae, Ginnie Mae, Freddie Mac, and Sallie Mae, as well as many other financial service organizations. |
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