§ 1.509(a)-2. (a)-2 Exclusion for certain organizations described in section 170(b)(1)(A).
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/us/cfr/t26/s§ 1.509(a)-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)General rule. Organizations described in section 170(b)(1)(A) (other than in clauses
(vii)and (viii)) are excluded from the definition of private foundation by section 509(a)(1). For the requirements to be met by organizations described in section 170(b)(1)(A)
(i)through (vi), see § 1.170A-9
(a)through
(e)and paragraph
(b)of this section. For purposes of this section, the parenthetical language other than in clauses
(vii)and
(viii)used in section 509(a)(1) means other than an organization which is described only in clause
(vii)or (viii). For purposes of this section, an organization may qualify as a section 509(a)(1) organization regardless of the fact that it does not satisfy section 170(c)(2) because:
(1)Its funds are not used within the United States or its possessions, or
(2)It was created or organized other than in, or under the law of, the United States, any State or territory, the District of Columbia, or any possession of the United States.
(b)Medical research organizations. In order to qualify under section 509(a)(1) as a medical research organization described in section 170(b)(1)(A)(iii), an organization must meet the requirements of section 170(b)(1)(A)(iii) and § 1.170A-9(c)(2), except that, solely for purposes of classification as a section 509(a)(1) organization, such organization need not be committed to spend every contribution for medical research before January 1 of the fifth calendar year which begins after the date such contribution is made. [T.D. 7212, 37 FR 21907, Oct. 17, 1972]
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§ 1.509(a)-2
(a)-2 Exclusion for certain organizations described in section 170(b)(1)(A).
Treas. Dec.T.D. 7212
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