Home      Login


Roundup of Individual Grant Rulings  


Author:  Staff Editors.


Source: Volume 09, Number 01, November/December 2009 , pp.5-5(1)




Family Foundation Advisor

< previous article |next article > |return to table of contents

Abstract: 

Grants from private foundations to individuals are restricted to certain narrowlydefined categories. Under IRC ยงยง4945(d)(3) and 4945(g), a grant to an individual for travel, study or any other similar purpose is a taxable expenditure subject to tax unless the grant meets three tests.

Keywords: 

Affiliations:  .

Subscribers click here to open full text in PDF.
Non-subscribers click here to purchase this article. $0

< previous article |next article > |return to table of contents