A § 501(c)(3)organization that otherwise would be classified as a private foundation can avoid such classification if it satisfies:
A)Only an external support test.
B)Only an internal support test.
C)Both an external support test and an internal support test.
D)An external support test, an internal support test, and good faith test.
E)None of the above.

Question

Quizplus · Accepted Answer

The intent of the external support test and the internal support test is to exclude from private foundation status those § 501(c)(3)organizations that are responsive to the general public,rather than to the private interests of a limited number of donors or other persons.

A § 501(c)(3)organization That Otherwise Would Be Classified as a Private