Hart Foundation - Page 1

                                 T.C. Memo. 1999-228                                   

                               UNITED STATES TAX COURT                                 

                            HART FOUNDATION, Petitioner v.                             
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                       

               Docket No. 23093-96X.            Filed July 12, 1999.                   

               William J. Tully (an officer), for petitioner.                          
               Kirk M. Paxson, for respondent.                                         

                                  MEMORANDUM OPINION                                   

               LARO, Judge:  Petitioner petitioned the Court to declare                
          whether petitioner qualifies for exempt status under section                 
          501(c)(3).  See sec. 7428.  The parties dispute whether                      
          petitioner meets the operational test of section 1.501(c)(3)-1,              
          Income Tax Regs.  We hold it does not.  Unless otherwise stated,             
          section references are to the applicable versions of the Internal            

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