Part IV. Items — Internal Revenue Bulletin 1996-39

Foundations Status of Certain Organizations

Announcement 96–96

Eldercare Plus, San Jose, CA Environmental Professionals

Resource Development Center

Incorporated, Sanford, FL Soong Sil University Alumni Foundation

Corporation Inc., McAllen, TX Tacoma Lesbian Concern, Tacoma, WA Upper Pathways, Inc., Tacoma, WA Vietnam Human Rights Watch, Pomona,

The following organizations have failed to establish or have been unable to maintain their status as public charities or as operating foundations. Accordingly, grantors and contributors may not, after this date, rely on previous rulings or designations in the Cumulative List of Organizations (Publication 78), or on the presumption arising from the filing of notices under section 508(b) of the Code. This listing does not indicate that the organizations have lost their status as organizations described in section 501(c)(3), eligible to receive deductible contributions.

Former Public Charities . The following organizations (which have been treated as organizations that are not private foundations described in section 509(a) of the Code) are now classified as private foundations: Academic Publishers International,

Organization a Non-Profit Corp., Irvine, GA EOS Institute, Laguna Beach, CA Euclid Citizens Alliance, Inc., Euclid,

OH Eula Foundation for Humanities, Inc.,

NJ Intermedico Inc., Wildwood, FL International Community School of

of America, Inc., Los Angeles, CA South Texas Rural Development

Cleveland, GA Excel Program, Inc., San Jaun

Capistrano, CA Expressive Arts Inc., Tamarac, FL Freedom Master, Seattle, WA Friends of the Forest, Inc., Louisville,

CA West High Alumni Association, Salt

Lake City, UT West Metro Interfaith Adult Day Care

Center Inc., Cayce, SC West Orange Kiwanis Foundation Inc.,

KY Grace & Glory Ministries, Inc.,

Norcross, GA Greater Atlanta Billy Graham Crusade

Orlando, FL Whitten Center Foundation, Clinton, SC Women of Grace Inc., Tampa, FL Womens Re-Entry Services Inc.,

Inc., Minneapolis, MN Health for All, Inc., Tucson, AZ Heaven on Earth Ministries, Inc.,

Indianapolis, IN High Desert Nurse Education Council

Pensacola, FL World Mission Inc., Morgan City, LA World Wide Nature Care Society Inc.,

Inc., Lancaster, CA IDC Development Corporation, Trenton,

Clearwater, FL Youth for Christ the Center Inc.,

Incorporated (API), Nashville, TN Accident Victims Alliance Inc.,

Jackson, MS If an organization listed above submits information that warrants the renewal of its classification as a public charity or as a private operating foundation, the Internal Revenue Service will issue a ruling or determination letter with the revised classification as to foundation status. Grantors and contributors may thereafter rely upon such ruling or determination letter as provided in section 1.509(a)–7 of the Income Tax Regulations. It is not the practice of the Service to announce such revised classification of foundation status in the Internal Revenue Bulletin.

Bradenton Beach, FL AC Flora Parent-Teacher Organization,

Columbia, SC Acorn Community Land Association of

Kenya Foundation Inc., Princeton, NJ International Development Resources

Inc., Washington, DC International Energy Initiative Inc.,

Montclair, NJ International Forest Foundation,

LA, New Orleans, LA African American Heritage House

Alexandria, VA International Foundation for Studies in

Incorporated, Louisville, KY African Treasures Inc., Atlanta, GA Allan G. Calkin Human Rights

Education and Research Fund, Inc., Austin, TX Alliance for Instruction in

Microenterprise, Southfield, MI Amcal Development Corporation, Los

the Vedas U S A, Colonia, NJ International Institute of Forensic

Science, Philadelphia, PA International Institute for Human

Evolutionary Research, Washington, DC International Lung Foundation Inc.,

Angeles, CA Andrews Adult Literacy Council,

Incorporated, Andrews, TX Association for Minority Adolescents in

Residential Care Homes, Sacramento, CA Believers Inc., Rome, GA Cocoon Productions Inc., Fort Worth,

Washington, DC International Orphans Assistance,

Association, Chesapeake, VA Inter-Religious Fellowship With the

Homeless of Hudson County Inc., Union City, NJ Koinonia Mission Foundation, Los

Philadelphia, PA International Samaritan Health and Aid

TX Collision, Inc., Omaha, NE Community Memory Project, Berkley,

Angeles, CA Lay Nation Ministries, Florissant, MO Medical Information Advancement, Inc.,

Source of Income From Sales of Inventory and Natural Resources Produced In One Jurisdiction and Sold In Another Jurisdiction; correction

Announcement 96–97

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to the notice of proposed rulemaking.

SUMMARY: This document contains corrections to the notice of proposed rulemaking (INTL–0003–95 [1996–6 I.R.B. 29]) which was published in the Federal Register on Monday, December 11, 1995 (60 FR 63478). The notice of proposed rulemaking relates to the source of income from sales of natural

CA Community Resource and Talent

Development, Inglewood, CA Consumer Alliance Research

TX Plan Foundation, Inc., Naples, FL Preventive Health Services, San

Enhancement Fund, Kalamazoo, MI Crook Historical Society, Crook, CO Curator, Greensboro, NC Earth & Spirit Council, Portland, OR

Nicholasville, KY North Texas Sound Labs, Fort Worth,

Francisco, CA

41 1996–39 I.R.B.

resources or other inventory produced in the United States and sold in a foreign country or produced in a foreign country and sold in the United States.

FOR FURTHER INFORMATION CONTACT: Anne Shelburne (202) 622–3880 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

The notice of proposed rulemaking that is subject to these corrections is under section 863 of the Internal Revenue Code.

Need for Correction

As published, the notice of proposed rulemaking (INTL–0003–95) contains errors which may prove to be misleading and are in need of clarification.

Correction of Publication

Accordingly, the publication of proposed rulemaking (INTL–0003–95) which is the subject of FR Doc. 95– 30087 is corrected as follows:

On page 63480, column 2, in the preamble, under the heading ‘‘1. Export Terminal Rule’’, the second full paragraph, line 12, the language ‘‘production activity following export. A’’ is corrected to read ‘‘production activity as defined in § 1.863– 1(b)(3)(ii) following export. A’’.
On page 63483, column 3, in the preamble, under the heading ‘‘3. Determination of Source of Gross Income’’, line 3 from the top of the column, the language ‘‘are located where the tangible’’ is corrected to read ‘‘are located where the taxpayer’s tangible’’.
On page 63483, column 3, in the preamble, under the heading ‘‘3. Determination of Source of Gross Income’’, the fourth full paragraph, line 8, the language ‘‘sit us of economic activity. Accordingly,’’ is corrected to read ‘‘situs of economic activity. Accordingly,’’.

§ 1.863–1 [Corrected]

On page 63485, column 2, § 1.863–1 (b)(1) introductory text, line 2, the language ‘‘Except to the extent provided in’’ is corrected to read ‘‘Notwithstanding any other provision, except to the extent provided in’’.

§ 1.863–2 [Corrected]

On page 63486, column 3, § 1.863–2 (b), lines 15 and 16, the

language ‘‘paragraph (a)(2) of this section, see § 1.863–3. However, the principles of’’ is corrected to read ‘‘paragraph (a)(2) of this section, see § 1.863–1 for natural resources and § 1.863–3 for other inventory. However, the principles of’’.

§ 1.863–3 [Corrected]

On page 63487, column 3, § 1.863–3 (b)(2)(iv), paragraph (i) of Example 1 ., line 4, the language ‘‘country X to D, a unrelated foreign clothing’’ is corrected to read ‘‘country X to D, an unrelated foreign clothing’’.
On page 63488, column 2, § 1.863–3 (c)(1)(i)(B), line 4, the language ‘‘intangible assets owned by the taxpayer’’ is corrected to read ‘‘intangible assets owned directly by the taxpayer’’.

Michael L. Slaughter, Acting Chief, Regulations Unit, Associate Chief Counsel (Corporate).

(Filed by the Office of the Federal Register on August 26, 1996, 8:45 a.m., and published in the issue of the Federal Register for August 27, 1996, 61 F.R. 44023)

Allocation of Loss on Disposition of Stock; Correction

Announcement 96–98

AGENCY: Internal Revenue Service, Treasury

ACTION: Correction to the notice of proposed rulemaking.

SUMMARY: This document contains corrections to the notice of proposed rulemaking (INTL–4–95 [1996–36 I.R.B. 8]) which was published in the Federal Register on Monday, July 8, 1996 (61 FR 35696). The notice of proposed rulemaking relates to the allocation of loss realized on the disposition of stock.

FOR FURTHER INFORMATION CONTACT: Seth B. Goldstein (202) 622– 3850 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

The notice of proposed rulemaking that is subject to these corrections is under section 865 of the Internal Revenue Code.

Need for Correction

As published, the notice of proposed rulemaking (INTL–4–95) contains an error that may prove to be misleading and is in need of clarification.

Correction of Publication

Accordingly, the publication of proposed rulemaking (INTL–4–95) which is the subject of FR Doc. 96–17004 is corrected as follows:

§ 1.904–4 [Corrected]

On page 35701, column 2, § 1.904–4, paragraph (c)(2)(i), line 11, the language ‘‘January 1, 1988. Paragraph (2)(ii)(B) of’’ is corrected to read ‘‘January 1, 1988. Paragraph (c)(2)(ii)(B) of’’.

Michael L. Slaughter, Acting Chief, Regulations Unit, Assistant Chief Counsel (Corporate).

(Filed by the Office of the Federal Register on August 26, 1996, 8:45 a.m., and published in the issue of the Federal Register for August 27, 1996, 61 F.R. 44024)

Deletions From Cumulative List of Organizations Contributions to Which Are Deductible Under Section 170 of the Code

Announcement 96–99

The names of organizations that no longer qualify as organizations described in section 170(c)(2) of the Internal Revenue Code of 1986 are listed below.

Generally, the Service will not disallow deductions for contributions made to a listed organization on or before the date of announcement in the Internal Revenue Bulletin that an organization no longer qualifies. However, the Service is not precluded from disallowing a deduction for any contributions made after an organization ceases to qualify under section 170(c)(2) if the organization has not timely filed a suit for declaratory judgment under section 7428 and if the contributor (1) had knowledge of the revocation of the ruling or determination letter, (2) was aware that such revocation was imminent, or (3) was in part responsible for or was aware of the activities or omissions of the organization that brought about this revocation.

If on the other hand a suit for declaratory judgment has been timely filed, contributions from individuals and organizations described in section 170(c)(2) that are otherwise allowable will continue to be deductible. Protection under section 7428(c) would begin on September 23, 1996, and would end on the date the court first determines that the organization is not described in section 170(c)(2) as more particularly set forth in section 7428(c)(1). For individual contributors, the maximum deduction protected is $1,000, with a hus

band and wife treated as one contributor. This benefit is not extended to any individual who was responsible, in whole or in part, for the acts or omissions of the organization that were the basis for revocation.

Share, Inc.

Chicago, IL

Voices for Freedom

Alexandria, VA

43 1996–39 I.R.B.