Iran’s mission to the United Nations in New York did not immediately respond to a request for comment.
Treasury described the IRGC Cooperative Foundation as an economic group established by senior executives of the group to manage its investments and presence in sectors of Iran’s economy.
Treasury accused the IRGC Cooperative Foundation of being a “wellspring of corruption and corruption” and said that funds from it have supported the IRGC’s military exploits abroad.
The IRGC Cooperative Foundation was previously designated by Washington under various sanctions authorities, but was designated under a human rights authority in Monday’s action.
Washington accused the IRGC of aggressively cracking down on peaceful demonstrations and said it “played a leading role in suppressing the protests through widespread human rights abuses.”
Treasury said Monday’s crackdown also targeted five members of the board of the IRGC Cooperative Foundation, Deputy Minister of Intelligence and Security Nasir Rashidi and four senior IRGC commanders in Iran.