Skip to content
ChatProjectCodes

Exempt Organizations Technical Guide›TG 3-22: Termination of Private Foundation Status - IRC Section 507›Table of Contents

Issue Indicators

0324 Publ 5614 (PDF) · 2026-10-03 edition · updated 2026-10-04 · United States

(1) A foundation status discrepancy exists based on internal records and filed Form

990-PF.

(2) A foundation has indicated to the IRS its intent to terminate but has not

completed the termination timely or as indicated.

(3) A foundation has been assessed multiple Chapter 42 excise taxes (other than

Section 4940). Further review may be necessary to determine whether the taxes resulted from willful acts or failures to act.

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — 0324 Publ 5614 (PDF)
0324 Publ 5614 (PDF)

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.