Comment from Greater Toledo Community Foundation
Greater Toledo Community FoundationOtherAdvocacy
Summary: The Greater Toledo Community Foundation is requesting the opportunity to provide in-person testimony at a public hearing regarding proposed regulations on taxes for Donor Advised Funds. The organization intends to discuss the reclassification of funds, the definition of a "distribution," and the effective date of the regulations.
April 4, 2024
Submitted electronically at www.regulations.gov
and by email to: publichearings@irs.gov
CC:PA:01:PR (REG–142338-07)
Room 5205
Internal Revenue Service
P.O. Box 7604
Ben Franklin Station
Washington, DC 20044
Re:IRS and REG–142338-07
Request to TESTIFY in person at Public Hearing in Connection with Taxes on Taxable Distributions from Donor Advised Funds under Section 4966
Greater Toledo Community Foundation (GTCF) requests an opportunity to testify in person at the public hearing on the Proposed Regulations on Taxes on Taxable Distributions from Donor Advised Funds under Section 4966 (REG–142338-07).
During the hearing, GTCF will be represented by Keith Burwell, President & CEO of GTCF.
Below is an outline of our testimony at the scheduled public hearing:
1.Introduction to GTCF (3 minutes)
2.Reclassification of funds as DAFs: (3 minutes)
3.Definition of a “distribution” (3 minutes)
4.Effective Date (1 minute)
If you have any questions or would like more information, please contact me at Keith@toledocf.org.
Sincerely,
Keith Burwell
President & CEO
Greater Toledo Community Foundation.
419-450-5302