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 "private foundation" as defined in the Income Tax Act
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
All disputes and disagreements between Participant and Organizer shall be solved mutually by negotiations, and in case of failure to achieve the consent they shall be settled in an arbitration court for resolution of economic disputes at the Private foundation “Center for arbitration and legal examination” in compliance with its rules.
More Definitions of Private foundation
Private foundation means a private foundation as defined in Section 509 of the
Private foundation means a foundation as defined in article 31B of the Second Schedule of the Civil Code.
Private foundation means “private foundation” as defined in the Tax Act; (oo) "Public Foundation" means “public foundation” as defined in the Tax Act; (pp) "Registered Charity" means “registered charity” as defined in the Tax Act;
Private foundation means a charitable foundation that is not a public foundation;
Private foundation means the legal entity, defined in section 60.3, established and registered under this Law;
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 is defined in Section 2.12.