Oliver Family Foundation - Page 1

                                 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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