Treasury Regulations · 26 CFR

§ 1.509(c)-1. Status of organization after termination of private foundation status.

In effect eCFR current as of October 15, 2026

Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).

Regulation under 26 U.S.C. § 509(c)

Cite as 26 CFR § 1.509(c)-1

At a glance

Read from the text and its source citation. Not part of the regulation.

Status: In the current eCFR
Issued: October 17, 1972 by T.D. 7212
Issued under: 26 U.S.C. § 509(c)
Length: 246 words · about 1 min to read
Cross-references: cites 4 Code sections and 0 regulations; cited by 1

¶(a) In general. For purposes of part II of subchapter F of this chapter, an organization whose status as a private foundation is terminated under section 507 shall be treated as an organization created on the day after the date of such termination. An organization whose private foundation status has been terminated under the provisions of section 507(a) will, if it continues to operate, be treated as a new organization and must, if it desires to be classified under section 501(c)(3), give notification that it is applying for recognition of section 501(c)(3) status pursuant to the provisions of section 508(a).

¶(b) Effect upon section 507(d)(1). If the private foundation status of an organization has been terminated under section 507(b)(1)(B) and the regulations thereunder, and:

¶(1) Such organization does not continue at all times thereafter to meet the requirements of section 509(a) (1), (2), or (3) (and is therefore no longer excluded from the definition of a private foundation); and

¶(2) The status of such organization as a private foundation is thereafter terminated under section 507(a)

then the tax imposed under section 507(c)(1) upon the aggregate tax benefit (described in section 507(d)(1)) resulting from section 501(c)(3) status shall be computed only upon the aggregate tax benefit resulting after the date on which the organization again becomes a private foundation under subparagraph (1) of this paragraph.

[T.D. 7212, 37 FR 21924, Oct. 17, 1972]

Cross-references

Computed from the citations in the text of 26 CFR.

Code sections it cites

Cited by 1 other regulation

§ 1.507-1 General rule.

Amendment history

From the source citation at the end of the section, newest first. T.D. is a Treasury decision; FR is the Federal Register.

October 17, 1972Issued by T.D. 7212 (37 FR 21924)

Where it sits in 26 CFR

Nearby sections

§ 1.509(a)-5 Special rules of attribution.
§ 1.509(a)-6 Classification under section 509(a).
§ 1.509(a)-7 Reliance by grantors and contributors to section 509(a) (1), (2), and (3) organizations.
§ 1.509(b)-1 Continuation of private foundation status.
§ 1.509(c)-1 Status of organization after termination of private foundation status.
§ 1.509(d)-1 Definition of support.
§ 1.509(e)-1 Definition of gross investment income.