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November 24

Article Archives >> Ready Reference >> October 2000

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Supporting Organizations Are Public Charities

Tax classification avoids private foundation status for organizations that promote the program of other public charities

Excerpt:
Although the rules for supporting organizations are highly technical, the concept can be utilized to create publicly supported status for organizations which do not have public support. Where it is important to avoid classification as a private foundation, the alliance with other public charities can make a program work.

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Article Archives >> Ready Reference >> October 2000