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Revenue Ruling 79-11, 1979-1 C.B. 207: A separate bank account used for depositing political contributions and disbursing bona fide political campaign expenses qualifies as a political organization under Internal Revenue Code section 527.
Rev. Rul. 79-12, 1979-1 C.B. 208: Amounts expended to enable an elected legislator to attend a political party's national convention as a delegate, which are paid from surplus funds from an earlier campaign maintained in a separate bank account qualifying as a political organization under Code section 527, are not includible in the legislator's gross income.
Rev. Rul. 79-13, 1979-1 C.B. 208: Amounts expended for voter research, public opinion polls, and voter canvasses on behalf of an elected legislator who becomes a candidate for another political office, which are paid from surplus funds from an earlier campaign maintained in a separate bank account qualifying as a political organization under Code section 527, are not includible in the legislator's gross income.
Rev. Rul. 79-17, 1979-1 C.B. 193: A nonprofit hospice, operated on both an inpatient and outpatient basis to alleviate the physical and mental distress of the terminally ill, is operated exclusively for charitable purposes and qualifies for exemption under Code section 501(c)(3).
Rev. Rul. 79-18, 1979-1 C.B. 194: A nonprofit organization that provides specially designed housing to elderly persons at the lowest feasible cost and maintains in residence those tenants who subsequently become unable to pay its monthly fees, is an organization operated exclusively for charitable purposes within the meaning of Code section 501(c)(3).
Rev. Rul. 79-19, 1979-1 C.B. 195: A nonprofit organization that provides specially designed housing to physically handicapped persons at the lowest feasible cost and maintains in residence those tenants who subsequently become unable to pay its monthly fees is operated exclusively for charitable purposes within the meaning of Code section 501(c)(3).
Rev. Rul. 79-26, 1979-1 C.B. 196: A nonprofit organization that provides information to the public about the public's right of access to the broadcast media and objectively evaluates the performance of local broadcasters in fulfilling their public service obligations is operated exclusively for charitable and educational purposes.
Rev. Rul. 79-31, 1979-1 C.B. 206: The operation of a fringe parking lot and shuttle bus service by an organization exempt from tax under Code section 501(c)(6) whose primary purpose is to retain and stimulate trade in a city's downtown area is not an unrelated trade or business within the meaning of Code section 513; but the organization's operation of a park and shop plan in which patrons of member merchants receive stamps entitling them to free parking is an unrelated trade or business.
Rev. Rul. 79-81, 1979-1 C.B. 107: Amounts paid to an exempt religious organization by sponsors, who are solicited by individual members of a work-study program that includes attendance at the organization's theological college, to pay the approximate cost of the individual's tuition, room, and board at the college are not deductible under Code section 170.
Rev. Rul. 79-122, 1979-1 C.B. 205: Employer securities purchased by a pension plan qualified under Code section 401(a) are not debt-financed property under section 514, and dividends and interest earned on such securities are not unrelated business taxable income to the trust.
Rev. Rul. 79-128, 1979-1 C.B. 197: A nonprofit organization whose membership is limited to the employees of an employer in a particular municipality and whose primary purpose is to obtain for its members discount prices on merchandise, services, and activities, is not exempt as a local association of employees under Code section 501(c)(4).
Rev. Rul. 79-130, 1979-1 C.B. 332: Sales of taxable fuel and articles and communications services to a nonprofit corporation for its use in connection with regularly scheduled Yoga courses that are characterized by a regular faculty and curriculum and a regularly enrolled student body come within the excise tax exemption provided by Code sections 4041(g)(4), 4221(a)(5), and 4253(j).
Rev. Rul. 79-131, 1979-1 C.B. 368: A private foundation that was created and funded by a for-profit company and that grants scholarships, based on objective standards, for the education of children of a particular community, regardless of whether the parents are employed by the company, is not operating an employer-related grant program subject to the guidelines of Rev. Proc. 76-47.
Rev. Rul. 79-145, 1979-1 C.B. 360: The federal excise taxes on wagering apply to a "Calcutta" that is operated in connection with a sports event by a nonprofit social club that allows members of similar social clubs to attend the events and uses a portion of entrance fees and wagers to help defray the expenses of operating the events.
Rev. Rul. 79-200, 1979-1 C.B. 364: Method for a private foundation to use in computing the basis of delectable property for purposes of determining the cost depletion deduction used in determining net investment income under Code section 4940.
Rev. Rul. 79-222, 1979-2 C.B. 236: The investment of an exempt employees' trust as a limited partner in a partnership carrying on an unrelated trade or business may result in unrelated business taxable income within the meaning of Code section 512.
Rev. Rul. 79-223, 1979-2 C.B. 254: An irrevocable trust whose governing instrument provides for distribution of all ordinary income to charitable organizations described in Code section 170(c) by the close of the year following the year of receipt, addition of capital gains to corpus, and termination of the trust and distribution of corpus to the grantor no sooner than ten years and one month after its creation is allowed a deduction under section 642(c)(1) for amounts of gross income paid to the charitable organizations, except to the extent the trust has unrelated business income.
Rev. Rul. 79-227, 1979-2 C.B. 185: Rules for remedial amendments of qualified retirement plans maintained by employers exempt from returns under Code section 6033.
Rev. Rul. 79-316, 1979-2 C.B. 228: A nonprofit organization whose purpose is to prevent oil spills within a city port area and to develop a program for the containment and cleanup of liquid spills that do occur qualifies for exemption as a social welfare organization under Code section 501(c)(4), provided that its services are equally available to members and nonmembers and both members and nonmembers are charged on the same basis for the cleanup services rendered.
Rev. Rul. 79-349, 1979-2 C.B. 233: Interest income earned by an exempt employees' trust from mortgage loans, which form a significant portion of the trusts' assets, do not enter into the computation of unrelated business taxable income under Code section 513, but service fee receipts earned in connection with such loans do enter into the computation.
Rev. Rul. 79-358, 1979-2 C.B. 225: An otherwise qualifying organization that makes a private hospital room available to patients who can benefit medically from a private room but cannot afford the expense is operated exclusively for charitable purposes and is exempt from tax under Code section 501(c)(3).
Rev. Rul. 79-359, 1979-2 C.B. 226: An otherwise qualifying organization whose purpose is to provide traditional burial services that directly support and maintain basic tenets and beliefs of a religion regarding burial of its members is operated exclusively for charitable purposes and is exempt from tax under Code section 501(c)(3).
Rev. Rul. 79-360, 1979-1 C.B. 237: The operation of health club facilities in a commercial manner by an organization exempt from tax under Code section 501(c)(3), whose purpose is to provide for the welfare of young people, constitutes unrelated trade or business under section 513.
Rev. Rul. 79-361, 1979-1 C.B. 237: The operation of a miniature golf course in a commercial manner by an organization exempt from tax under section 501(c)(3), whose purpose is to provide for the welfare of young people, constitutes unrelated trade or business under section 513.
Rev. Rul. 79-365, 1979-2 C.B. 389: For purposes of Code sections 117(a) and 4945(g)(1), a private foundation's scholarship program for children of deceased or retired employees of a particular company is an employer-related grant program to which the guidelines of Rev. Proc. 76-47 apply.
Rev. Rul. 79-369, 1979-2 C.B. 226: An otherwise qualifying organization created to develop and promote an appreciation of contemporary symphonic and chamber music by recording and selling, primarily to educational institutions, new works of unrecognized composers as well as neglected works of more established composers is exempt from tax under Code section 501(c)(3).
Rev. Rul. 79-370, 1979-2 C.B. 238: Sale by a section 501(c)(6) organization of a membership directory that contributes importantly to achieving the organization's purpose and confers no private commercial benefit on any of the members, whoa re the directory's sole purchasers, is not unrelated trade or business within the meaning of Code section 513. Rev. Rul. 74-38 is distinguished.
Rev. Rul. 79-374, 1979-2 C.B. 387: Rental of office space by a private foundation to a disqualified person engaged in business activities in the same general subject area as the foundation's research constitutes, under the circumstances described in the ruling, self-dealing under Code section 4941(d)(1)(C).
Rev. Rul. 79-375, 1979-2 C.B. 389: If a private foundation that has made a qualifying distribution equal to the purchase price of an asset donates the asset to a publicly supported charity, it will be allowed a second qualifying distribution to the extent that the fair market value of the asset on the date of contribution exceeds the amount of the first qualifying distribution under Code section 4942(g)(1).
Rev. Rul. 79-403, 1979-2 C.B. 363: Residential treatment center for emotional disturbed children operates a school program that qualifies for the excise tax exemptions under Code sections 4041(g)(4), 4221(a)(5), and 4253(j).
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