The Resource Private foundations and public charities : termination and special rules (sections 507 and 508), Lauren Watson Cesare, Esq., San Jose, California

Private foundations and public charities : termination and special rules (sections 507 and 508), Lauren Watson Cesare, Esq., San Jose, California

Label
Private foundations and public charities : termination and special rules (sections 507 and 508)
Title
Private foundations and public charities
Title remainder
termination and special rules (sections 507 and 508)
Statement of responsibility
Lauren Watson Cesare, Esq., San Jose, California
Creator
Contributor
Author
Issuing body
Subject
Language
eng
Summary
"... is one of several Portfolios dealing with the problems encountered by private foundations and other charitable organizations. This Portfolio considers in depth the various restrictions imposed under [section] 508 upon charitable organizations. Included among these are the rule that requires organizations purporting to be tax-exempt under [section] 501(c)(3) to notify the IRS of their claimed status, and the rule that presumes a [section] 501(c)(3) organization to be a private foundation unless it notifies the IRS to the contrary. This Portfolio discusses the manner of giving such notifications by filing applications for recognition of exemption and the exceptions to such notification requirements. The governing instrument requirements imposed by [section] 508(e) are also fully addressed. In addition, the terms "substantial contributor" and "disqualified person," which have significance to foundations whether they are terminating or continuing in operation, are fully explained and illustrated from a practical standpoint."
Member of
Cataloging source
BNA
Characteristic
updating web site
http://library.link/vocab/creatorName
Cesare, Lauren Watson
Entry convention
integrated entry
Former title
Private foundations and public charities -- termination ([section] 507) and special rules ([section] 508)
LC call number
KF6289.A1
LC item number
T35 no. 458 (INTERNET)
Nature of contents
  • dictionaries
  • bibliography
Regularity
complete irregular
http://library.link/vocab/relatedWorkOrContributorName
Tax Management Inc
Series statement
Estates, gifts and trusts portfolios
Series volume
458
http://library.link/vocab/subjectName
Charitable uses, trusts, and foundations
Label
Private foundations and public charities : termination and special rules (sections 507 and 508), Lauren Watson Cesare, Esq., San Jose, California
Instantiates
Publication
Note
  • Formerly published in Washington, D.C., 2003-2007
  • Published as Tax Management portfolio 877-2nd, <Oct. 4, 2007>
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
mixed
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Detailed analysis. Introduction -- Overview of special rules for [section] 501(c)(3) organizations -- Notification of [section] 501(c)(3) status -- Section 508(b) notification concerning private foundation status -- Exceptions to notification requirements -- Governing instruments -- Disqualified persons -- Statutory scheme of termination provisions -- Voluntary termination -- Involuntary termination -- Termination by transfer of assets to certain public charities -- Termination by operation as a public charity -- Transfers of assets to private foundations -- Termination tax -- Abatement -- Disallowance of charitable deductions -- Working papers
Dimensions
unknown
Extent
1 online resource
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Publication frequency
Updated irregularly
Specific material designation
remote
System control number
(OCoLC)60448379
System details
Mode of access: World Wide Web
Label
Private foundations and public charities : termination and special rules (sections 507 and 508), Lauren Watson Cesare, Esq., San Jose, California
Publication
Note
  • Formerly published in Washington, D.C., 2003-2007
  • Published as Tax Management portfolio 877-2nd, <Oct. 4, 2007>
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
mixed
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Detailed analysis. Introduction -- Overview of special rules for [section] 501(c)(3) organizations -- Notification of [section] 501(c)(3) status -- Section 508(b) notification concerning private foundation status -- Exceptions to notification requirements -- Governing instruments -- Disqualified persons -- Statutory scheme of termination provisions -- Voluntary termination -- Involuntary termination -- Termination by transfer of assets to certain public charities -- Termination by operation as a public charity -- Transfers of assets to private foundations -- Termination tax -- Abatement -- Disallowance of charitable deductions -- Working papers
Dimensions
unknown
Extent
1 online resource
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Publication frequency
Updated irregularly
Specific material designation
remote
System control number
(OCoLC)60448379
System details
Mode of access: World Wide Web

Library Locations

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      3400 Chestnut Street, Philadelphia, Pennsylvania, 19104, US
      39.954941 -75.193362
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