On what grounds can a person be considered disqualified?
2.9k views | Last modified 12/26/2023 5:40:36 AM EST |

A disqualified person can be either an individual or a corporation, partnership, trust, or estate with one or more particular relationships with a private company.

The following persons are considered disqualified persons for a private foundation:

• All substantial contributors to the foundation
• All managers of the foundation
• Owners of businesses that are substantial contributors to the foundation.
• Family members
• Corporations and partnerships owned by Other Disqualified Persons
• Other Entities Owned by Disqualified Persons
• Government Officials