Which of the following activities is not subject to the feeder organization rules?
A)At least 80% of the net income of the for-profit entity is contributed to the exempt organization for a consecutive three-year period.
B)A trade or business where substantially all the work is performed by volunteers.
C)A trade or business of selling merchandise where substantially all of the merchandise has been received as contributions or gifts.
D)Only b.and c.
E)a., b., and c.

Question

Quizplus · Accepted Answer

The feeder organization rules do not apply to activities where substantially all work is performed by volunteers or where merchandise sold is received as contributions or gifts.

Which of the Following Activities Is Not Subject to the Feeder