(a) Reporting requirement

Section 6033 of the Internal Revenue Code of 1986 is amended by redesignating subsection (p) as subsection (q) and by inserting after subsection (o) the following new subsection:

(p) Contributions received from foreign sources

(1) In general

Every specified tax exempt organization shall include on the return required under subsection (a) the following information:

(A)

The aggregate amount of contributions received from foreign nationals (as defined in section 319(b) of the Federal Election Campaign Act of 1971) during the taxable year.

(B)

The aggregate amount of contributions received from foreign nationals (as so defined) stated separately with respect to each foreign country of concern (as defined in section 10612 of the Research and Development, Competition, and Innovation Act) during the taxable year.

(2) Identification of foreign country of contribution

For purposes of this subsection, the foreign country with respect to which a contribution is received is—

(A)

in the case of a contribution made by an individual, each foreign country of which such individual is a citizen, and

(B)

in the case of any other contribution, the foreign country under the laws of which the person making such contribution was created or organized.

(3) Specified tax exempt organization

For purposes of this subsection, the term specified tax exempt organization means, with respect to any taxable year, any organization described in section 501(c) if—

(A)

the gross receipts of such organization for the preceding taxable year equal or exceed $200,000, or

(B)

the assets of such organization (determined as of the close of such preceding taxable year) equal or exceed $500,000.

(4) Reliance on representation

For purposes of this subsection, an organization may rely on the representation of a donor as to the nationality of such donor unless such organization knows or should have known that such representation is false.

(5) Regulations

The Secretary may require specified tax exempt organizations to collect such information from foreign nationals who make contributions to such organizations at such time and in such manner as the Secretary determines appropriate for the purposes of this subsection.

(b) Effective date

The amendments made by this section shall apply to returns filed for taxable years beginning after the date that is 1 year after the date of the enactment of this Act.