Common use of Tax Status and Requirements Clause in Contracts

Tax Status and Requirements. 1. Club agrees that it will operate for educational purposes and to promote 4-H and the mission of the Foundation within the meaning of Section 501(c)(3) of the Internal Revenue Code. 2. Any funds raised by Club will be used to sustain the activities of the Club or to support UME or the Maryland 4-H Foundation. The Club will not pay any funds, above reimbursements for Club expenses, to any of its members or officers. The Club will not participate or intervene in any political campaign on behalf of (or in opposition to) any candidate for public office; nor will a substantial part of the Club’s activities involve carrying on propaganda or attempting to influence legislation. The Club will not engage in any other activities not permitted to be carried on by an organization exempt from federal tax under §501(c)(3) of the Internal Revenue Code. 3. If the Club loses its 4-H Charter or is otherwise dissolved, any funds remaining after payment of any Club obligations will be transferred to the local Extension Advisory Council/Board. All property belonging to the Club or Authorized Group must be turned into the UME Office. 4. Club hereby authorizes Foundation to include Club in Foundation’s group tax exemption application submitted to the IRS and to recognize Club under the group exemption number from the date the application is submitted. Club will provide Foundation with its federal Employer Identification Number (EIN) and any other information or records required for Club to be included Foundation’s group exemption letter. Club hereby authorizes UME to provide such information and/or records to Foundation. 5. Club understands and agrees that filing Club tax returns are its sole responsibility, and Foundation and University will not include the Club or its financial data their respective Form 990 filings. Club agrees that it must file any required 990 tax information return with the IRS (990-N, 990-EZ or 990). 6. Club authorizes UME, in its discretion, to communicate (through the State 4-H Program Leader or designee) directly with the IRS with respect to any and all GEN or other tax issues pertaining to the Club.

Tax Status and Requirements. 1. Club agrees that it will operate for educational purposes and to promote 4-H and the mission of the Foundation within the meaning of Section 501(c)(3) of the Internal Revenue Code. 2. Any funds raised by Club will be used to sustain the activities of the Club or to support UME or the Maryland 4-H Foundation. The Club will not pay any funds, above reimbursements for Club expenses, to any of its members or officers. The Club will not participate or intervene in any political campaign on behalf of (or in opposition to) any candidate for public office; nor will a substantial part of the Club’s activities involve carrying on propaganda or attempting to influence legislation. The Club will not engage in any other activities not permitted to be carried on by an organization exempt from federal tax under §501(c)(3) of the Internal Revenue Code. 3. If the Club loses its 4-H Charter or is otherwise dissolved, any funds remaining after payment of any Club obligations will be transferred to the local Extension Advisory Council/Board. All property belonging to the Club or Authorized Group must be turned into the UME Office. 4. Club hereby authorizes Foundation to include Club in Foundation’s group tax exemption application submitted to the IRS and to recognize Club under the group exemption number from the date the application is submitted. Club will provide Foundation with its federal Employer Identification Number (EIN) and any other information or records required for Club to be included Foundation’s group exemption letter. Club hereby authorizes UME to provide such information and/or records to Foundation. 5. Club understands and agrees that filing Club tax returns are its sole responsibility, and Foundation and University will not include the Club or its financial data in their respective Form 990 filings. Club agrees that it must file any required 990 tax information return with the IRS (990-N, 990-EZ or 990). 6. Club authorizes UME, in its discretion, to communicate (through the State 4-H Program Leader or designee) directly with the IRS with respect to any and all GEN or other tax issues pertaining to the Club.