Assertion: foundation | /r/CapableOf | distribute income
Facets:
value: annually
type: TEMPORAL
value: for charitable purposes
type: PURPOSE
Source sentences:
text: restrictions on self-dealing between private foundations and their substantial contributors and other disqualified persons; requirements that the foundation annually distribute income for charitable purposes; limits on their holdings in private businesses; provisions that investments must not jeopardize the carrying out of exempt purposes; and provisions to assure that expenditures further exempt purposes.