Tax Planning and Compliance for Tax-Exempt Organizations, Fifth Edition 2019 Cumulative Supplement, 5th Edition
by Jody Blazek
CHAPTER 11Public Charities
§ 11.1 Distinction between Public and Private Charities
p. 229. Add as footnote to Annual Filings column for Public Charities:
**Form 990‐N can be filed for public charities with gross receipts of $50,000 or less. The form is called an e‐postcard and must be electronically filed. Eight items of information are submitted including the employer identification number, tax year, name and address of organization and its principal officer, website address, confirmation that its annual gross receipts are normally $50,000 or less, and a statement, if applicable, that the organization has terminated or is going out of business.
§ 11.2 “Inherently Public Activity” and Broad Public Support: § 509(a)(1)
(f) Donative Public Charities: § 170(b)(1)(a)(vi)
p. 240. Add at end of Two Percent Gifts paragraph:
A question arises when the charity receives a donation from a partnership. Is the donor the partnership or its individual partners? There is no explicit guidance in the code or regulations under IRC § ...