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1. Living Faith: whether an
activity has a substantial
nonexempt purpose is a question of
____
3. Internal Revenue Code provision
that exempts "social welfare
organizations"
4. IRS form used to apply for
recognition of tax-exempt status
under 501(c)(3)
6. a more-than-incidental ____
purpose will disqualify an org.
from tax-exempt status
7. private benefit conferred upon an
____ constitutes prohibited
private inurement
10. provision of off-street ____
facility and services was deemed
not to be for a substantially
commercial purpose in the
Monterey case
12. an example of the now-discredited
"destination of income
test" was the tax treatment
of income from the operation of
the Mueller Macaroni Company by
___ Law School
16. application for recognition of
exempt status is filed with the
IRS ____ Director
17. incorporator of American Campaign
Academy
18. under the defunct
"destination of income
test," a for-profit ____
organization (i.e., owned by the
charitable org.) could itself be
tax-exempt if its profits were
dedicated to a charitable
organization
19. according to the 7th Cir., the
absence of this is relevant to the
issue of an org.'s exempt purpose but not dispositive
20. amount of private benefit that
will threaten tax-exempt status of
org.: more than ____
21. to obtain (and maintain) tax-
exempt status under § 501(c)(3),
the organization must be organized
and operated ____ for an exempt
purpose
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2. principal purpose of American
Campaign Academy was to train
individual for careers as
political ____ professionals
3. Internal Revenue Code provision
that (according to Treas. Reg.)
exempts organizations that
"promote" social welfare
5. to obtain (and maintain) tax-
exempt status under § 501(c)(3),
the organization must be organized
and ____ exclusively for an exempt
purpose
8. organization for which Jan Baran
served as general counsel
9. penalty tax on excess benefit
transactions represents a type of
____ sanction
11. if an org. carries on an activity
for a purpose that is ____ and
nonexempt, it will lose its tax-
exempt status
13. according to the Supreme Court,
"exclusively" (in the
Social Security Act) means
"____"
14. to obtain (and maintain) tax-
exempt status under § 501(c)(3),
the organization must be ____ and
operated exclusively for an exempt
purpose
15. two-tiered penalty tax of 5%/200%
may be imposed on directors of
private foundations who engage in
____-dealing
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