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June 10, 2010BIR RULING [NSNP-(S30C-001) 038-10]Section 30; S-30-023-99 dated March 15, 1999;S-30-047-2001 dated June 5, 2001; S-30-02-2003 dated November 21, 2003Living Thing Future Foundation, Inc.908 Zacateros St., Sta. Cruz, ManilaAttention: Victor Tan YuPresidentGentlemen :This refers to your letter dated November 10, 2009 requesting for exemption under Section 30 (C) of the Tax Code of 1997, as amended. ADHcTEDocuments submitted to this Office disclosed thatLiving Thing Future Foundation, Inc. is a non-stock, non-profit corporation under Section 30 of the Tax Code of 1997, as amended; that it is duly registered with the Securities and Exchange Commission under SEC Registration No. CN200817149 dated October 31, 2008 with Taxpayer Identification Number (TIN) 007-166-720; and the purposes for which the Foundation was formed are:1. To promote social and intellectual well-being by way of grant or scholarship in the area of education, livelihood, sports, youth development, research and other related areas; and2. To accept donations in cash and in kind from its benefactors.In reply, please be informed that this Office cannot yet issue the requested ruling/certificate of tax exemption. It...