T.C. Memo. 1999-234
UNITED STATES TAX COURT
OLIVER FAMILY FOUNDATION, Petitioner v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 8346-96X. Filed July 19, 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(c), Income Tax Regs. We hold it does not. Unless otherwise
stated, section references are to the applicable versions of the
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