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Abstract: 

Our regular roundup of private letter rulings includes a late 2016 ruling in with the IRS approved grants from non-operating foundation to a related operating foundation; a ruling that to qualify for exemption, organizations must be active and failure to respond to IRS inquiries will forfeit exemptions; and the IRS approved “unusual grant” status on contributions from several foundations to public charities, which would otherwise have triggered top-heavy support ratios, jeopardizing their public charity status.

Keywords: PLR201652004; PLR 201717041; PLR 20176047; PLR 201701023; PLR 20174019

Affiliations:  1: Strasburger & Price, LLP.