Which of the following types of § 501(c)(3) organizations are not private foundations?
A) Hospitals.
B) Churches.
C) Colleges and universities.
D) Only a. and b.
E) a., b., and c.

Question

Quizplus · Accepted Answer

Hospitals, churches, and colleges and universities are all classified as public charities under § 501(c)(3) of the Internal Revenue Code and are therefore not classified as private foundations. Private foundations are generally organizations with a single source of funding or support, such as a family foundation or a corporate foundation.

Which of the Following Types of § 501(c)(3) Organizations Are