What Is the Purpose of the "Broadly Supported" Exception for an Exempt

question 16

Essay

What is the purpose of the "broadly supported" exception for an exempt organization being classified as a private foundation?

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Definitions:

Senior Management

The top layer of leadership within an organization, responsible for strategic planning, decision-making, and guiding the company's direction.

Major Decisions

Significant choices that impact the course of an individual's or organization's path, often requiring careful thought and consideration.

Kotter's 8 Step Change Model

A process designed by John Kotter to facilitate organizational change, which includes creating urgency, forming a powerful coalition, and embedding new approaches into the culture.

Sense

A faculty by which the body perceives an external stimulus; one of the faculties of sight, smell, hearing, taste, and touch.