About PERFI8TH INC.
In compliance with 26 CFR 1.501(c)(3)-1, PEERFI8TH INC.,is both organized and operated for scientific, educational and charitable purposes.
As defined by 26 CFR 1.501(c)(3)-1(d)(5)(i)
PERFI8TH INC. may meet the requirements of section 501(c)(3) only if it serves a public rather than a private interest.
PEFFI8TH INC., a scientific organization, must be organized and operated in the public interest.
Therefore, the term scientific, as used in section 501(c)(3), includes the carrying on of scientific research in the public interest. Research when taken alone is a word with various meanings; it is not synonymous with scientific; and the nature of particular research depends upon the purpose which it serves.
For research to be scientific, within the meaning of section 501(c)(3), it must be carried on in furtherance of a scientific purpose.
The determination as to whether research is scientific does not depend on whether such research is classified as fundamental or basic as contrasted with applied or practical.
On the other hand, for purposes of the exclusion from unrelated business taxable income provided by section 512(b)(9), it is necessary to determine whether the organization is operated primarily for purposes of carrying on fundamental, as contrasted with applied, research.
How is PERFI8TH INC. funded?
PERFI8TH INC. normally receives two-thirds of its support from a combination of gifts, grants, contributions, volunteer fees, and gross receipts (from permitted sources) from activities related to its exempt functions (scientific, educational and charitable purposes) and normally receive one-third of your support from investment income and unrelated business taxable income.
501(c)(3) Exempt Purposes
PERFI8TH INC. is organized and operated for (1) scientific, (2) educational and (3) charitable purposes.
Scientific (51%)
Aiding in the scientific education of college or university students. Obtains scientific information published in a treatise, thesis, trade publication, or in any other form available to the interested public.
Educational (38%)
The instruction or training of the individual for the purpose of improving or developing his capabilities or public.
IRS NTEE Activities
PERFI8TH INC. is qualified to conduct its activities in any other state, territory, dependency, or foreign country.
A05 - Research Institutes & Public Policy Analysis
The primary purpose of PERFI8TH INC. is to conduct research and/or public policy analysis within the Arts, Culture, and Humanities major group area.
Q20 - Promotion of International Understanding (Eduacational)
Promote international understanding through activities, such as events, forums, trainings, and exchanges, which enable people to develop an appreciation for other societies, their traditions and culture.
T50 - Philanthropy, Charity & Voluntarism Promotion (Charitable)
Promote the practice of charitable giving and voluntarism through a variety of strategies including advocacy, disclosure, information exchange, and research.
Fiscal Sponsership
Distribute funds to nonexempt organizations, provided PERFI8TH INC. retains control and discretion over use of the funds for its own section 501(c)(3) purposes.
Contact
Location:
23046 Avenida De La Carlota Carlota Plaza, Suite 600, Laguna Hills, CA 92653
Email:
Admin@Perfi8th.com
Call:
+1 (949) 258-7025