Re: Intermediate Sanctions Act Michael Odza 29 Jul 1997 18:27 EST

As Len notes, the penalties, at least as written, apply to (c)3 and (c)4
organizations, not educational (c)1. But how are all our
university-affiliated research foundations classified, (c)3 or (c)1?

Paplauskas,Leonard wrote:

> 2)  So far, the law as enacted only applies to 501(c)3 and 501(c)4
> organizations.  Other non-profits such as some State universities
> (501(c)1) are excluded from the provisions of the legislation as it
> currently stands.
>

--
Best Regards,

Michael

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