A bill to amend the Internal Revenue Code of 1954 with respect to certain charitable contributions.

Includes under the Internal Revenue Code as an organization to which a taxpayer may deduct up to 50 percent of the taxpayers contribution base for contributions to such organization, an organization which on or before May 26, 1969, and continuously thereafter operated as its principal purpose facilities for the long term care or education of resident permanently disabled persons, elderly persons, needy widows or children, and which normally makes qualifying distributions for the active conduct of such purposes.