Private Foundations. MEMBER is NOT a private foundation as described in Section 509(a) of the Tax Code.
Private Foundations. Every organization that qualifies for tax-exempt status under Section 501(c)(3) is classified as a private foundation unless it meets one of the exceptions listed in Section 509(a). Private foundations typically have a single major source of funding (usually gifts from one family or corporation rather than funding from many sources) and most have as their primary activity the making of grants to other charitable organizations and to individuals, rather than the direct operation of charitable programs. • Political Organizations A political organization subject to Section 527 is a party, committee, association, fund or other organization (whether or not incorporated) organized and operated primarily for the purpose of directly or indirectly accepting contributions or making expenditures, or both, for an exempt function. • Other Nonprofits Organizations that meet specified requirements may qualify for exemption under subsections other than 501(c)(3). These include social welfare organizations, civic leagues, social clubs, labor organizations and business leagues. Date of Signature: INSTRUCTIONSFORCOMPLETINGTHEFDOHEXECUTIVECOMPENSATIONREPORTINGFORM Most tax-exempt organizations are required to file an annual return. Which form an organization must file with the Internal Revenue Service (IRS) generally depends on the organization’s financial activities. This FDOH form must becompleted by all organizations (non-profits and pro-profits) who are awarded with state appropriation funds (federal/state) as a recipient of state financial assistance or as a sub-recipient of federal financial assistance. Please use the instructions below as a guide for completing each section of the FDOH form. Business Legal Name Street Address Including City, State, and ZIP Code Telephone FDOH Contract # Email UEI/DUNS # FEIN/Tax Id Parent FEIN/Tax Id (if different) Business legal Name Insert the exact name as shown on the IRS Tax Id registration certificate, FloridaSun Biz, MFMP registration or the organization name on the FDOH contract agreement. If the contract legal name is different from the registered legal name,please coordinate and contact your FDOH’s assigned Contract Manager. Street Address Input the mailing or physical address including zip code your organization uses forformal communication. This address may be different from the operating address/es where clients receive services Telephone Provide a direct ten (10) digits phone contact including extension number when applic...
Private Foundations. In the event it is determined by the Treasury Department that the Grantee is a private foundation, as distinguished from a public charity, or if in fact the Grantee is a private foundation, the undersigned Grantee agrees that any funds given to it by the Foundation will be completely expended for charitable purposes, during the calendar year in which the donation was made to it by the Foundation, or within 2-1/2 months after the end of such year. If said funds are not fully expended for said purposes within the time limits described above, Grantee agrees to refund and pay to the Foundation all funds received by Grantee from the Foundation which were not expended within said time limits.
