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High Tun stall College of ScienceINSPIRE SUPPORT ACHIEVE Headteacher: Mr Mark Tilling High Tun stall College of Science, Click Road, West Park, Hartlepool, TS26 0LQ Tel: 01429 261 446 Web: www.htcs.org.ukApplication
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Who needs 1118 foundation status?

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The 1118 foundation status is needed by individuals or organizations who want to establish a nonprofit foundation. It is also required by existing nonprofits that wish to maintain or modify their tax-exempt status under section 501(c)(3) of the Internal Revenue Code. This status allows them to receive tax-deductible charitable contributions and enjoy certain benefits provided to nonprofit organizations.
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1118 foundation status refers to the tax-exempt status of certain organizations under section 1118 of the Internal Revenue Code.
Organizations that qualify for tax-exempt status under section 1118 of the Internal Revenue Code are required to file 1118 foundation status.
To fill out 1118 foundation status, organizations must provide detailed information about their activities, finances, and organizational structure.
The purpose of 1118 foundation status is to ensure that organizations meeting the criteria for tax-exemption under section 1118 of the Internal Revenue Code are accurately reporting their activities and finances.
Information such as organizational structure, financial activities, and compliance with tax-exempt requirements must be reported on 1118 foundation status.
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