Tax-exempt Foundations: Their Impact on Small Business: Hearings Before Subcommittee No. 1, on Foundations, Eighty-eighth Congress, Second Session, Volume 1U.S. Government Printing Office, 1964 - 419 pages |
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Common terms and phrases
_do__ activities agree amount answer assets audit Bank CAPLIN CHAIRMAN charitable organizations charitable trusts Code COHEN Committee Company Conference CONGRESS THE LIBRARY consumer credit contributions Corporation Dallas date of October December 31 deduction District Director District Office donors Endicott Johnson Etched Products examination exempt organizations exempt status Exhibit 12 Facts Forum Federal filed Ford Foundation Ford Motor Company foun Foundation's Fund's H. L. Hunt HARDING income tax information submitted interest Internal Revenue Service investigation investment involved J. M. Kaplan Fund Lansall legislation letter Line Foundation listed loans Medford Evans National Office October 12 OLSHER operations paid Patman percent proxy fights purchase purpose question record regulations ROGOVIN ROOSEVELT schedule Secretary DILLON securities shares statute Subcommittee tax exempt foundations tax returns tion transactions Treasury U.S. TREASURY DEPARTMENT violation Winfield Baird Foundation Wright Patman York
Popular passages
Page 264 - ... no substantial part of the activities of which is carrying on propaganda, or otherwise attempting, to influence legislation, and which does not participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of any candidate for public office.
Page 265 - ... carrying on propaganda, or otherwise attempting, to influence legislation (except as otherwise provided in subsection (h)), and which does not participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of (or in opposition to) any candidate for public office" from section 501(c)(3) of the Internal Revenue Code of 1986.
Page 219 - If any licensee shall permit any person who is a legally qualified candidate for any public office to use a broadcasting station, he shall afford equal opportunities to all other such candidates for that office in the use of such broadcasting station...
Page 147 - For the purposes of this section, the term "prohibited transaction" means any transaction in which an organization subject to the provisions of this section — (1) lends any part of its income or corpus, without the receipt of adequate security and a reasonable rate of interest, to...
Page 234 - An organization may be educational even though it advocates a particular position or viewpoint so long as it presents a sufficiently full and fair exposition of the pertinent facts to permit an individual or the public to form an independent opinion or conclusion.
Page 413 - ... -corporations owned (50 percent or more of voting stock or 50 percent or more of value of all stock), directly or indirectly, by the officials; or -partnerships...
Page 265 - The term candidate for public office means an individual who offers himself, or is proposed by others, as a contestant for an elective public office, whether such office be national. State or local. Activities which constitute participation or intervention in a political campaign on behalf of or in opposition to a candidate include, but are not limited to...
Page 143 - ... entitled to exemption from Federal income tax under the provisions of Section 101 (6) of the Internal Revenue Code as an organization organized and operated exclusively for charitable purposes.
Page 263 - ... advertising which keeps the taxpayer's name before the public in connection with encouraging contributions to such organizations as the Red Cross, the purchase of United States Savings Bonds, or participation in similar causes. In like fashion, expenditures for advertising which presents views on economic, financial, social, or other subjects of a general nature...
Page 331 - The family of an individual shall include only his brothers and sisters (whether by the whole or half blood), spouse, ancestors, and lineal descendants...