Announcement 2010-40

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Internal Revenue Bulletin:

2010-22 June 1, 2010

Announcement 2010-40

Deletions From Cumulative List of Organizations Contributions to Which are Deductible Under Section 170 of the Code

The Internal Revenue Service has revoked its determination that the organizations listed below qualify as organizations described in sections 501(c)(3) and 170(c)(2) of the Internal Revenue Code of 1986.

Generally, the Service will not disallow deductions for contributions made to a listed organization on or before the date of announcement in the Internal Revenue Bulletin that an organization no longer qualifies. However, the Service is not precluded from disallowing a deduction for any contributions made after an organization ceases to qualify under section 170(c)(2) if the organization has not timely filed a suit for declaratory judgment under section 7428 and if the contributor (1) had knowledge of the revocation of the ruling or determination letter, (2) was aware that such revocation was imminent, or (3) was in part responsible for or was aware of the activities or omissions of the organization that brought about this revocation.

If on the other hand a suit for declaratory judgment has been timely filed, contributions from individuals and organizations described in section 170(c)(2) that are otherwise allowable will continue to be deductible. Protection under section 7428(c) would begin on June 1, 2010 and would end on the date the court first determines that the organization is not described in section 170(c)(2) asmore particularly set forth in section 7428(c)(1). For individual contributors, the maximum deduction protected is $1,000, with a husband and wife treated as one contributor. This benefit is not extended to any individual, in whole or in part, for the acts or omissions of the organization that were the basis for revocation.

Org. Name City State
Action for Affordable Housing Englewood CO
All Gods Creatures Shelter for Abused & Abandoned Animals Tampa FL
Carranor Hunt & Polo Club Perrysburg OH
Debt Monster Credit Counseling Services, Inc. Rancho Santa Margarita CA
Farm Mutual Insurance Baltic SC
Germania Purchasing Group Brenham TX
Orchard Living View, Inc., Sterling Heights MI
Silver Ridge Park Golden Oldies Toms River NJ
WJ Consumer Credit of Texas Kyle TX
Eastland Praise and Worship Aiken NC
The Second Chance Foundation, Inc. Vineyard Haven MA
Currier Family Foundation Salt Lake City UT
Chipper Preschool & Kindergarten Chicago IL
Desilynn Multiple Sclerosis Foundation Layton UT
Hawaii Consumer Credit Counseling Honolulu HI
The Leonard & Beverly Graham Foundation for the Arts Salt Lake City UT
Panther’s House of Pride, Inc., Decatur GA
Seed America Foundation Cummings GA
Carey C. Jones Memorial Park Apex NC
Capital Athletic Foundation Silver Spring MD
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