Tamaki Foundation - Page 1

                                 T.C. Memo. 1999-166                                  

                               UNITED STATES TAX COURT                                

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

               Docket No. 23089-96X.             Filed May 18, 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,            

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