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-F5 <br />Internal Reverrue Service <br />Director, Exempt orgranizations <br />Date: October 18, 2001 <br />KITTITAS COUNTY HTSTORICAI, SOCTETY INCGJREW <br />PO BOX 460 <br />SLTENSBURG WA 98926*0460 <br />Department of the TreasuryP.o. Box 2508 <br />Cincinnati, Ohio 45201 <br />Fereon to Contact-ID# : 31-07326 <br />Agent lfliJ.liam C .larvi <br />Contact Eelephone lilumbers : <br />8??-829-5500 phone <br />5L3-263-3756 FAX <br />Fede:ra.]. fdentification Number: <br />91 -6037783 <br />Dear Sir or Madam: <br />This is in reference to your letter of May i-1-, zaotr requestj-ng aruring regarding your quarification for status as an exempi operatingfoundation as defined in section 4940{d)(2) of the fnterna} Revenue Code. <br />our records indicate you were recogni-zed. as exempt from federalincome tax under section 501-tc)(3) of lhe code effective september of Lgjl.It was determined lhe organization was not a private foundation within therneaning of section 509 (a) of the code because it is an organizationdescribed in section 1?0{b) (1) (A) (vi) .and 509(aj. you have also beendetermined to be a private operating foundation withi-i: the meaning ofsection 4942(j) (3) of the Code as of January l, l-996. <br />The information submj.tted indicates your governing body is broadlyrepresentative of the geaeral public as evidenced by the large number ofarea residents of various occupations making up the Board"- No BoardMembers are disqualified persons <br />sectj-on 4940 (a) of the code provides for the imposition on eachexempt private foundation of an excise tax equal to 2 percent of the netinvestment income of such foundation for the taxable-year. <br />Section 4940 (d) (1) of the Code provides no tax shall- be imposed undersection 4940 on any private foundation which is an exempt operatingfoundation for the taxable yeag. <br />Section 4940 (d) e'f the Code was enacted. pursuant to the Tax ReformAct of 1,98qt 1984-3 C.B. (Vol. 1)1 (the ,fAct'. ) , <br />section 4940(d) (2) of the code provides the term \.exempt operatingfoundation" means with respect to any taxabJ-e year, any private foundationif* <br />a- such foundation is an operating foundation (as defined insection 4942(j) (3); <br />b. such foundation has been publicly supported for at reast 10' taxable years;