Self Dealing Checklist for Private Foundations
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Downloadable, editable Microsoft Word document.
Under Internal Revenue Code 4941, Private Foundations and their disqualified persons must avoid self-dealing transactions.
Use this two-page checklist to maintain compliance.
Description
Description
Disqualified Persons Include:
- Board members, officers, substantial contributors, and family members of these individuals.
- Entities (corporations, partnerships, trusts) in which disqualified persons hold >35% ownership.
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