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What is required to convert a private foundation to a public charity?

Your Legal Questions Answered

What is required to convert a private foundation to a public charity?

What is required to convert a private foundation to a public charity?

The foundation should notify the IRS that it intends to change its status and then operate as a public charity for five consecutive years. (See Ready Reference Page: “Terminating Private Foundations May be Tricky.”)

Wednesday, December 26, 2007

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Private foundation

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