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<br />ELLFN.SBURG RODNO HAT,L OF FAME
<br />of' the act or failure to act, or the subst,antiat or naterial change orr r.hepart of the organization that resulted in your loss'of such status, or i,f he orshe acquired knowledge that the rnternal Revenue service had given notice thatyou would no longer be classlfied as a section 509(a)(2) organization.
<br />Donors may deduct contributions to you as provided in section 170 of thecode' Beguests,. legacies, devises, transfers, or gifts to you or for your useare deductible for federal estate and gi.ft t.* purpo"es if they meet theapplicable provisions of code sections 2055, 2lb6, and 2s22,
<br />contribution deductlons are allowable to donors only to the extent thattheir contributions are gifts, with no consideration received. Ticket pur-chases and similar paynents in conJunctlon with funrlraising events nay notnecessarily qualify as deductible contributions, depending on the circum-stances' see Revenue Rullng 67-246, publishea-in cumulative Bulletin 1967-2,on page 104, which sets forth guideltnes regardint tttu deductibilj.ty, as chari-table contributions, of pay*"nf" made by t"iprv"i" for adynissio' to or otherpartieipation in fundraising activities for "fr"rity,
<br />rn the heading of this letter we have lndicated whether you must file [,orm990' Return of organization Exempt Fron rncorn" iu*. rf yes is inJ:.cated, youare required to file Form 990 only if your gross reeeipts each year arenormally more than $25,000. However, it vou receive a Form s9o'p""l.aee in themail, please file the return even if'you io not exeeetl the gross receipts test.rf you are not requi-red to file, simpiy attach the label provided, check thebox in the headine to indlcate ihat your annual gross receipts are normally$25,000 or less, and sign the ,"i.rrn.
<br />rf a return is required,*it must be fil.ed by th€ lsth day of the fj-fthmonth after the end of your annual accountine purioa. A penalty of g20 a dayis charged when a return is filed. late, unteJs'there is reasonable cause forthe delay. However, the maximum penaliy charted cannot exceed g10,000 or5 percent of your tross receipts ior ttre y*url-wnicnuver i.s less, Fororganizations with gross receipts exceeding $i,000,000 in any year, tle penaltyis $100 per day per return, unl""" there is reasonable caus"-ror-irr" delay.The nraximum penalty for an organization with 6.ross receipts exceeding$1,000,000 shall not exceed $50,000. rhis peiaiar r., also be char.ged if areturn is not complete, so be sure your return is complete 6efore you file it.
<br />You are required to make your annual informati.on return, Form 9g0 orForm 990-EZ, available for public inspection for three years after the laterof the due date of the return or the date the return is filed. you are alsorequired to make available for public j.nspection your exenption application,any supporting documents, antl your exemption let.ter. Copies of thesedocuments are also required to be provi.detl to any iurtjvitlual uporr written or inperson request wi.thout charBe other than reasonable fees for copying anopostage. You may fulfill this requirement by placing these documents on thernternet, Penalties may be irnposed for failu.* t.o cornply with theserequirements. Additional information is availahle l.n pubticati6n 557,Tax-Exempt status for your OrBanization, or you may call our toll freenurnber shown above,
<br />Letter 947 (DO/CG)
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