On what grounds can a person be considered disqualified?
1.8k views | Last modified 9/28/2020 7:51:10 AM EST | Added by ExpressTaxExempt Team

Applicable To
990-PF 990-N 990-EZ 990 8868 1120-POL

A disqualified person can be either an individual or a corporation, partnership, trust, estate with one or more particular relationships with a private company.

The following persons are considered disqualified persons for a private foundation:

  • All substantial contributors to the foundation
  • All managers of the foundation
  • Owners of businesses that are substantial contributors to the foundation.
  • Family members
  • Corporations and partnerships owned by Other Disqualified Persons
  • Other Entities Owned by Disqualified Persons
  • Government Officials

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