Organization Type Mismatch [F990PF-906-01] - How do I resolve it?

IRS  Error code: F990PF-906-01

Rejection Message: 

If you checked the "Initial return of a former public charity" box on Form 990-PF, ensure that the organization type selected in Item H matches the organization type listed in the IRS e-file database.

What Does it Mean: 

Unless the organization was previously a public charity and now files its first return as a private foundation, it must specify the organization type in Item H.

Action Required:

Check the box for “Section 501(c)(3) exempt private foundation”

• If the foundation has a ruling or determination letter from the IRS in effect that recognizes its exemption from federal income tax as an organization described in section 501(c)(3) (or)
• If the organization's exemption application is pending with the IRS

Check the “Section 4947(a)(1) nonexempt charitable trust” box if the trust is a nonexempt charitable trust treated as a private foundation.

All other organizations can check the “Other taxable private foundation” box.