RELATED FOUNDATIONS

Whether the benefits to a trade or professional association of establishing a related foundation will outweigh the burdens differs in each case. The creative use of related foundations can produce significant benefits. Related foundations are eligible to receive tax-deductible charitable contributio...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	The CPA journal (1975) 2001-04, Vol.71 (4), p.67
1. Verfasser:	Tenenbaum, Jeffrey S
Format:	Artikel
Sprache:	eng
Schlagworte:	Associations Associations, institutions, etc Charitable trusts Charities Fair market value Foundations Gifts Government grants Internal Revenue Code Interpretation and construction Investment companies Laws, regulations and rules Section 501(c) Seminars Societies Tax exempt organizations Tax exemptions Tax law Taxes
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Beschreibung
Zusammenfassung:	Whether the benefits to a trade or professional association of establishing a related foundation will outweigh the burdens differs in each case. The creative use of related foundations can produce significant benefits. Related foundations are eligible to receive tax-deductible charitable contributions, receive many federal and state government grants, and qualify for nonprofit postal permits (at significantly reduced rates). As with any relationship an association maintains with an affiliated entity, an association and its related foundation must maintain strict financial, managerial, and operational separation at all times.
ISSN:	0732-8435