May 4, 2010
BIR RULING [NSNP-(S30G-003) 019-10]
Sec. 30; Sec. 101; DA-471-98; S-30-008-03; S-30-100-00; ECCP-23-2000
Atty. Florecita P. Flores
7307 Cypress St., Marcelo Green Village
Parañaque City, 1700
Gentlemen :
This refers to your letter dated January 22, 2010 requesting in behalf of your client, FFCCCII Foundation, Inc., confirmation of its tax exempt status pursuant to Section 30 of the Tax Code of 1997, as amended. ETDAaC
It is represented that FFCCCII Foundation, Inc. with TIN 007-557-684 is a non-stock, non-profit organization registered with the Securities and Exchange Commission under SEC Registration No. 201000026 dated January 14, 2010; and that the purposes for which the organization is organized, among others are as follows, viz.:
1. To support the construction of school buildings in barangays, towns and/or cities, to supplement the policy of the Philippine Government to promote education throughout the nation;
2. To undertake charitable, social and civic programs such as medical missions; and devise ways and means to enhance the funds of the association;
3. To carry out any lawful and beneficial project or activity reasonably necessary or proper for the accomplishment of any or...
