NOT2331. Section 509(a) Algebra - Digging into Public Support Calculation

Get your graphing calculators ready, because we're doing some math! We will be looking into the multifaceted 509(a)(1) and 501(a)(2) public support tests, going line by line to decipher the proper way to calculate public support. The session will also focus on the different alternatives for a public charity to consider to protect its public charity status when its public support declines, including unusual grants, the 10% facts and circumstances test, and classification as another type of public charity.

Learning Objectives:

• Differentiate which income items go into the numerator and denominator of the public support computation and which are excluded altogether.
• Determine different alternatives to protect public support status.
• Identify common missteps that can occur.