The State University Foundation Is a Legally Separate, Tax-Exempt 501(c)(3)

question 31

Multiple Choice

The State University Foundation is a legally separate, tax-exempt 501(c) (3) entity organized for the purpose of raising funds to provide scholarships only to academically qualified students at the State University. The existing university foundation board members elect new members of the board. The foundation provides scholarships to students of the State University, but the foundation receives no financial support from the university. The Foundation is an example of:

• A) Primary government.
• B) Related organization.
• C) Affiliated organization.
• D) None of the above.

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Definitions:

Goals

Targets or outcomes that an individual or group endeavors to achieve, often requiring planning and effort.

Same-Sex Partners

Individuals in a romantic or marital relationship who are of the same sex or gender identity.

Opposite-Sex Partners

Individuals engaged in a romantic or sexual relationship who are of different sex.

Physical

Relating to the body and its physiological functions, often contrasted with mental or spiritual aspects.