The University Foundation Is a Legally Separate, Tax-Exempt 501c3 Entity

question 11

Multiple Choice

The University Foundation is a legally separate, tax-exempt 501c3 entity organized for the purpose of raising funds to provide scholarships only to academically qualified students at State University.Members of the board of the University Foundation are elected by the existing Board of Trustees.The Foundation provides scholarships to students of State University, but the Foundation receives no financial support from the University.The Foundation would be considered an

• A)Primary government.
• B)Component unit.
• C)Related organization.
• D)Affiliated organization.

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Definitions:

Tiger

A large carnivorous feline mammal with a distinctive coat of black stripes on orange or white fur, known as Panthera tigris.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance, made of hydrogen and oxygen, that is essential for the survival of known forms of life.

Natural Kind

Categories of objects or entities in the world that are believed to exist independently of human naming and classification practices.

Wolf

A large, carnivorous mammal from the genus Canis, known for its pack behavior and importance in various ecosystems and cultures.