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<br /> DocuSign Envelope ID:909E237B-463D-4B50-982B-EC089340083F
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<br /> THE CHINESE SCSI:WE AT CHAPEL HILL ,
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<br /> .I.I..ohors .may deduct coniributimos to you AG pinovidsd in section 170 df the ,
<br /> Cods„ Bequests legacies, Aevises, transtiers, ott gifts to you ar fur your. dee _
<br /> ars deductible for federal sttate And gift tax purposes if they ibeet the .
<br /> applicable previsi.uns of Code sections 2(155, 2106, and 2522, 1
<br /> Contribution dsductions ,are allowable to dopore anLy to the extent thAt i
<br /> their cuortributiohs aru difts, with no fonsideration rceived. Tibket
<br /> c4ases •and similar payments in conjunction with fundraisiog ovents msy not 1
<br /> nscussariay qualify as deductible bontribbtions, bepondine on the circums
<br /> stances, Revenue Ruling 6?-246, put;gishad in Cumulative :Bulletin 1.967-2, 0
<br /> sn page 104, which sets Isrth guidelines yogabdids the deductibility, as chart- R
<br /> table dodtriWtions, of pdym• nte maes by. taxictiyef.s 'ff.-sr admhssidh iD or other. I
<br /> paylitilpetion in fundraisiog Activities tor charity,
<br /> In ihe haag.ing al this letter we- have indicated whether you must file- Form 1.
<br /> 00, Return of Cfmgatlizatisn- Eremdt Pram Inicoote 1 ,ox,, Tif li9 , :1.5.. .11d.:.focied, you 11
<br /> olroo:o rPoluired to file Form 990 Daly if yaur gystsh rodeipto each year are II
<br /> normally more than $25,000. However., if cc a Fora 990. peckAge in the IR
<br /> mail , pleaoe ti1f0000 the retuhn oven if you do nnt ey,cted the gross receipts test,. ti
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<br /> If you aro not required to file, oimply attach tho labol provided, check the- 1
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<br /> box in the- heading U) t a t that your artgiotal cool a. rocoipts are normally li
<br /> $2.5,000 or loss and sign the return,
<br /> it a return is reqUirod, it must he flisd by the ii -U) day of tat fifth ,
<br /> msnth after the end of your annual. accounting period. it penalty of $20 a day
<br /> it charged when a return is filSO late, unless there at reasonable race to
<br /> the delay,, However, the ffiabgiouo penalty charged cannot tat 110(10 $10,000 of
<br /> 5. paarcent 01 your grass receipts tat tne year , whichever is 1PCSR For
<br /> organizations with coat; receipts, exceeding 1i000,0.00 in any year, the penalty Et
<br /> is 1111100 per day per return unless the is reasonable cause foe the delay.
<br /> The mohmligo penalty. ru an orsdnilatico with dross receipts exceeding.
<br /> 411,0000.00 sball net et'xeed $50000.„ This penal It •airy also he charged if A
<br /> return is not complete, to be sure yodr return is d000lete before tier file it
<br /> The law requires, ybo to malooe you r annual return at!labia for pubaic
<br /> inspection -without charge- for three years after the data data of the return.
<br /> You aye also required to make availablefor public inapettion A copy of your
<br /> '' 'Pin aPit411011ati17111 any '-',uPPorting documents and this exemption letter to
<br /> any individual W:h.17) rPCIORIStS such nmcsatents in persod to in writing. You Ceo
<br /> charge an a reasonable fee for reprodootidd and actual postage costs for the
<br /> copied materials, The Ito does act reduira you, to ordvide copiot or public
<br /> inspection documents that are made- widely available, such as by coating them
<br /> oP th'e Intern...4A 1110i'ld hole Web) , You et-ax boa liable tar a penalty of $20 a day
<br /> is each day ysu do not make these documodts available- for public lbspodtiou
<br /> Itio to a maXtract of $1.0,00-0 in the case of an annual rehlurn) .
<br /> You are not required to. file federal iDCOM it returns unless yott are
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<br /> ubjerti to the lax on unrelated buslosso incoms under section 111 of the lore
<br /> is you are subteicA to this tax you muot file an income tatx return an tat
<br /> 1 eiter 747 (DEI/CD) 1
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