Would this alternative provision affect the foundation req

Assignment Help Finance Basics
Reference no: EM131145478

The J. S. Bach Foundation is a non-profit charitable institution dedicated to providing musical education to children in elementary schools. There is a provision in the document that created the Foundation which states that upon the dissolution of the Foundation, its assets, which consist primarily of musical instruments, will be donated to the various schools for which it provides music education. Would this provision affect the Foundation's request for tax exemption? How? If the provision stated that upon dissolution of the Foundation its assets would be sold at auction and the proceeds of that auction returned to the original donors to the Foundation, would this alternative provision affect the Foundation's request for tax exemption? How?

Reference no: EM131145478

Questions Cloud

Analyze the key elements of each of the given proposal : Search the Internet and select three business proposals. You can use the following keywords. Analyze the key elements of each proposal, such as objectives, deliverables, timelines, and payment schedule.
What is the value in the array element : Initialize the array with the appropriate number of values - What is the value in the array element when the index contains 2?
Analyze the process map and sipoc model : Analyze the process map and SIPOC model to identify possible main root causes of the problems. Next, categorize whether the main root causes of the problem are special causes or common causes. Provide a rationale for your response
Explain possible fit of each of organizational categories : Explain the possible fit of each of the four organizational categories presented in the lecture and in Chapter 9 within the framework of a CBPR project (presented in the article) and in particular within the three examples of trust in a doctor-pat..
Would this alternative provision affect the foundation req : If the provision stated that upon dissolution of the Foundation its assets would be sold at auction and the proceeds of that auction returned to the original donors to the Foundation, would this alternative provision affect the Foundation's request f..
Who is the creator of classical conditioning : Who is the creator of Classical Conditioning?- The process of socialization can be categorized as either intentional or unintentional.
Create numeric cost estimates for each of the costs : Consider the situation you addressed in Problem and Exercise. Create numeric cost estimates for each of the costs you listed. Calculate the net present value and return on investment.
Discuss the above statement and provide your views : Discuss the above statement and provide your views as to how companies can get the right mix of bricks and clicks in order to win the distribution channel war. You may consider one or more industries as a business context for your answer.
Discuss the most appropriate form of ownership : Determine if it would make more sense to open the new business you describe or to purchase the existing business you selected. Explain your reasoning. Discuss the most appropriate form of ownership for your new business

Reviews

Write a Review

Finance Basics Questions & Answers

  Identify several events or circumstances which could have

bond rating and cost of capital. two bond rating agencies moodys and standard and poors lowered the ratings on

  What is the present value of her inheritance

Pam Gregg is expecting cash flows of $50,000, $75,000, $125,000, and $250,000 from an inheritance over the next four years. If she can earn 11 percent on any investment that she makes, what is the present value of her inheritance? (Round to the ne..

  What is the equipment''s after-tax net salvage value

The equipment originally cost $20 million, of which 80 percent has been depreciated. Carter can sell the used equipment today to another airline for $5 million, and its tax rate is 40 percent. What is the equipment's after-tax net salvage value?

  The firm uses 25 percent debt and 75 percent common stock

the bakery is considering a new project it considers to be a little riskier than its current operations. thus

  What is the value of the firm

If the tax rate is 35 percent, what is the value of the firm? Note: Use the M&M proposition I formula with taxes but without any debt. (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

  Question regarding the smooth operator

Elaborate your own definition of production operations management, including manufacturing and service operations. Then, assess the implication of technology in your definition.

  Briarcrest condiments is a spice-making firm recently it

1.briarcrest condiments is a spice-making firm. recently it developed a new process for producing spices. the process

  Analyze a number of additional factors related to the home

Analyze a number of additional factors related to the home

  Calculate the present value of 1000 zero-coupon bond with 5

calculate the present value of 1000 zero-coupon bond with 5 years to maturity if the required annual interest rate is

  Investigate benefits-disadvantages of expanding

You are a business owner firm that manufactures a specialized product in the United States. While developing a 5-year strategic growth plan, you have decided to investigate the benefits and disadvantages of expanding internationally. Research the ..

  Calculate the operating breakeven point

X Corporations produces inflatable beach balls, selling 400,000 balls a year. Each ball produced has a variable operating expenses $0.84 and sells for $1.

  Define your business products or services and customers by

define your business products or services and customers by developing a mission statement. ensure that you are

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd