The Resource Supporting organizations, Gerald B. Treacy, Jr

Supporting organizations, Gerald B. Treacy, Jr

Label
Supporting organizations
Title
Supporting organizations
Statement of responsibility
Gerald B. Treacy, Jr
Creator
Contributor
Subject
Language
eng
Summary
" ... examines the supporting organization as defined in Internal Revenue Code [section] 509(a)(3). A supporting organization is an exempt charitable organization that "supports" one or more publicly supported charitable organizations described in [section] 509(a)(1) or [section] 509(a)(2). Because of its strategic link with the supported public charities, a supporting organization historically has generally been exempt from the private foundation taxes under [section] 4940-[section] 4945, despite the fact that a supporting organization's sources of support may be limited to a single donor or members of a single family. Under 2006 legislation, however, supporting organizations are now subject to the private foundation tax on "excess business holdings" under [section] 4943. Contributions to supporting organizations qualify for the highest, public charity, deductibility thresholds. In light of concerns about potential abuse, the Pension Protection Act of 2006 enacted provisions designed to improve the accountability of supporting organizations and to subject certain supporting organizations, or distributions to certain supporting organizations, to excise taxes. Treasury issued final regulations on supporting organizations late in December 2012."
Member of
Cataloging source
BNA
Characteristic
updating web site
http://library.link/vocab/creatorName
Treacy, Gerald B
Entry convention
integrated entry
LC call number
KF6289.A1
LC item number
T35 no. 459-2nd (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
459-2nd
http://library.link/vocab/subjectName
  • Supporting organizations (Charities)
  • Nonprofit organizations
  • Charitable uses, trusts, and foundations
Label
Supporting organizations, Gerald B. Treacy, Jr
Instantiates
Publication
Note
  • [" ... revises and supersedes 871-2nd T.M."]--Print version
  • Title from title screen (viewed March 26, 2015)
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 -- Organizational and operational tests -- Relationship types -- Control test -- Restrictions on support of foreign charitable organizations -- Restriction on contributions from persons in control of supported organization-types I and III supporting organizations -- Restrictions on grants from private foundations to "grantmaking" type III supporting organizations and certain type I and II supporting organizations -- Payout requirements for "grantmaking" type III supporting organizations -- Excess benefit transactions -- Excess business holdings of grantmaking type III supporting organizations and certain type II supporting organizations -- Donor advised fund limitations-grantmaking type III supporting organizations and donor-controlled type I or II supporting organizations -- Returns -- Post-PPA announcement and other guidance -- Transitional rules -- Supported organizations -- Life cycle of a supporting organization -- Opting out of supporting organization status -- Other supporting organization issues -- Working papers
Dimensions
unknown
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)60447816
System details
Mode of access: World Wide Web
Label
Supporting organizations, Gerald B. Treacy, Jr
Publication
Note
  • [" ... revises and supersedes 871-2nd T.M."]--Print version
  • Title from title screen (viewed March 26, 2015)
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 -- Organizational and operational tests -- Relationship types -- Control test -- Restrictions on support of foreign charitable organizations -- Restriction on contributions from persons in control of supported organization-types I and III supporting organizations -- Restrictions on grants from private foundations to "grantmaking" type III supporting organizations and certain type I and II supporting organizations -- Payout requirements for "grantmaking" type III supporting organizations -- Excess benefit transactions -- Excess business holdings of grantmaking type III supporting organizations and certain type II supporting organizations -- Donor advised fund limitations-grantmaking type III supporting organizations and donor-controlled type I or II supporting organizations -- Returns -- Post-PPA announcement and other guidance -- Transitional rules -- Supported organizations -- Life cycle of a supporting organization -- Opting out of supporting organization status -- Other supporting organization issues -- Working papers
Dimensions
unknown
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)60447816
System details
Mode of access: World Wide Web

Library Locations

    • Biddle Law LibraryBorrow it
      3400 Chestnut Street, Philadelphia, Pennsylvania, 19104, US
      39.954941 -75.193362
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