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Post details: New List of Organizations Classified as Private Foundations Published (Ann. 2008-81)
09/15/08
New List of Organizations Classified as Private Foundations Published (Ann. 2008-81)
CCH (cch.taxgroup.com) reports:
A list of organizations that have failed to establish or maintain their status as either public charities or operating foundations has been compiled by the IRS. Reclassification as private foundations does not indicate that the entities have lost their status as Code Sec. 501(c)(3) organizations eligible to receive deductible contributions. However, grantors and contributors may not rely on any rulings or designations predating September 15, 2008, the publication date of the Internal Revenue Bulletin containing this listing.
Announcement 2008-81
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