Grants to Individuals

Internal Revenue Service
P.O. Box 2508
Cincinnati, OH 45201
Number: 202114025
Release Date: 4/9/2021
Date: January 12, 2021
LEGEND
W = Organization
X = Scholarship
Y = State z dollars = Amount
Dear :
Department of the Treasury
Employer Identification Number:
Contact person - ID number:
Contact telephone number:
UIL: 4945.04-04
You asked for advance approval of your scholarship grant procedures under
Internal Revenue Code Section 4945(9). This approval is required because you are a private foundation that is exempt from federal income tax. You requested approval of your scholarship program to fund the education of certain qualifying students.
Our determination
We approved your procedures for awarding scholarships. Based on the information you submitted, and assuming you will conduct your program as proposed, we determined that your procedures for awarding scholarships meet the requirements of Code Section 4945(9)(1). As a result, expenditures you make under these procedures won't be taxable.
Also, awards made under these procedures are scholarship or fellowship grants and are not taxable to the recipients if they use them for qualified tuition and related expenses (subject to the limitations provide in Code Section 11 ?(b)).
Description of your request
Your letter indicates you will operate a scholarship program called X. Your purpose is to promote American ideals and values including leadership, scholarship, and citizenship.
The scholarship program is funded by W.
The purpose of X is to provide undergraduate scholarships to students entering their third and fourth year of college or in the case of a 5-year degree, the fourth and fifth years.
Letter 4792 (10-2012)
Catalog Number 58263T