Who is considered a disqualified person?
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Last modified 9/28/2020 9:39:21 AM EST |
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A disqualified person can be an essential contributor, a foundation manager, a person who owns more than 20% of the corporation, or a family member of any of those people who makes all contributions for a private foundation.
If you own the organization and make all the contributions to the organization by yourself, you are considered a disqualified person.