Form 8940 + Instructions
This new IRS Form provides exempt entities with the ability to request an official ruling on one of the following nine different determinations
- Advance approval of certain set-asides
- Advanced approval of voter registration activities
- Advanced approval of scholarship procedures
- Exemption from Form 990 Filing Requirements
- Advance approval of the classification of an “unusual” grant
- Changing a supporting organization’s “type” (Type I, Type II, Type III)
- Reclassification of foundation status, including transitions from public charity to private foundation
- Advanced ruling request: Termination of Private Foundation status
- 60 Month Period Ending: Termination of Private Foundation status
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