The IRS found an organization disqualified because it failed to show that it engaged in any qualified exempt activities. A single individual was the sole founder, sole chief executive, operated the organization at his own discretion and prepared tax returns for donors. The IRS found that the organization's acceptance of donations of conservation easements failed to provide any public benefit.
http://www.irs.gov/pub/irs-wd/1405018.pdf
Year: 2014
Organization/Source: Internal Revenue Service
Topic tags: Internal Revenue Service Guidance