Bulletin No. 2008-37 — Internal Revenue Bulletin 2008-37

return with the IRS and furnish a written statement to each employee regarding: (i) the corporation’s transfer of stock pursuant to the employee’s exercise of an incentive stock option described in section 422(b); and (ii) transfers of stock by the employee where the stock was acquired pursuant to the exercise of an option described in section 423(c). The time and manner for filing a return and furnishing statements to employees, as well as the information to be contained in the return and furnished to employees, are addressed in these proposed regulations.

EXEMPT ORGANIZATIONS

Announcement 2008–80, page 706. The IRS has revoked its determination that After Bankruptcy Foundation of Fishers, IN; The K.L.T. Foundation of Missoula, MT; Debt Advocates of America of Killeen, TX; Gene & Myrna Heilman Foundation of Madison, WI; Darwin Facility of Suison, CA; Credit Counseling Centers of America, Inc., of Fort Lauderdale, FL; David Aschkenazy Memorial Loan Fund of Brooklyn, NY; Helping Hand Corporation of Gillette, WY; and Cherokee Place Foundation of Lenoir, NC, qualify as organizations described in sections 501(c)(3) and 170(c)(2) of the Code.

Announcement 2008–81, page 706. A list is provided of organizations now classified as private foundations.

Announcement of Declaratory Judgment Proceedings Under Section 7428 begins on page 708. Announcements of Disbarments and Suspensions begin on page 709. Finding Lists begin on page ii.