Private foundation definition

Private foundation means a tax exempt corporation described in section 501(c)(3) of the internal revenue code of 1986, 26 USC 501, that is classified as a private foundation under section 509(a) of the internal revenue code of 1986, 26 USC 509.

Private foundation means a private foundation as defined in Section 509 of the

Private foundation means "private foundation" as defined in the Income Tax Act (Canada) as amended from time to time;

Examples of Private foundation in a sentence

• Georgia None Nonprofit Corporation AGL Resources Private Foundation Inc.

• Georgia None Nonprofit Corporation AGL Resources Georgia PAC None None Nonprofit PAC AGL Resources Private Foundation Inc.

• Georgia 100%-Nonprofit Corporation AGL Resources Private Foundation Inc.

• In the event of the issuance of the opinion of counsel referred to in the preceding sentence, the withdrawal of and disposition of the Private Foundation Partner’s interest in the Partnership shall be governed by the last two sentences of Section 11.02(b) and Section 11.02(c) and Section 11.02(d), as if the Private Foundation Partner were an ERISA Partner.

• Xxxxxx Revocable Trust Xxxxxxx Social Investment Foundation Little Harbour SAZ, LLC Humane Society of the United States Closed Loop Capital Investments, L.P. Animal Liberation Private Foundation General Xxxxx, Inc.

More Definitions of Private foundation

Private foundation means a foundation as defined in article 31B of the Second Schedule of the Civil Code.

Private foundation means a charitable foundation that is not a public foundation;

Private foundation means "private foundation" as defined in the Income Tax Act

Private foundation means a foundation which is established for the private interest or benefit of a named person or a class of persons who are natural persons. For the avoidance of doubt, the term "private foundation" shall have the meaning herein attributed to it and not the meaning attributed to it in the Second Schedule;

Private foundation means a non-profit Domestic Corporation or Association organized and operated exclusively for scientific research , education, character building and youth sports development, health, social welfare, cultural or charitable purpose or a combination thereof, no part of the net income of which inures to the benefit of any private individual.

Private foundation means a private philanthropic organization characterized by large staffs, a corporate management structure, large asset base, multiple branch offices, defined funding guidelines, the issuance of “requests for proposals,” broad-based philanthropic giving, and issue-focused philanthropic giving.

Private foundation means an organization defined in section 509 of the internal revenue code.