Form 50-115 - Application For Charitable Organization Property Tax Exemption Page 4

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Form

Texas Comptroller of Public Accounts

50-115

STEP 4: Questions About the Organization’s Bylaws or Charter

Attach a copy of the charter, bylaws or other documents adopted by the organization which govern its affairs, and answer the following questions.

1. Does the organization use its assets in performing the organization’s charitable functions or the charitable function



of another charitable organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes



2. Does the charitable organization divide responsibility with another organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

If yes, is that organization

• exempt from federal income taxation under Internal Revenue Code Section 501(a) of 1986,

as an organization described by Section 501(c)(3) of that code;

• meet the criteria for a charitable organization under Tax Code Section 11.18(e) and (f); and

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• under common control with the charitable organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

3. Do these documents direct that on the discontinuance of the organization the organization’s assets are to be

transferred to the state of Texas, to the United States or to an educational, religious, charitable or other similar



organization that is qualified for exemption under Internal Revenue Code Section 501(c)(3), as amended? . . . . . . . . . . . . . . . . . . .

Yes

__________

If yes, provide the page and paragraph numbers

Page

Paragraph

4. If no, do these documents direct that on discontinuance of the organization the organization’s assets are to be transferred

to its members who have promised in their membership applications to immediately transfer them to the State of Texas, to the

United States or to an educational, religious, charitable or other similar organization that is qualified for exemption under



Internal Revenue Code Section 501(c)(3), as amended? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

__________

If yes, provide the page and paragraph numbers

Page

Paragraph

5. If yes, was the two-step transfer required for the organization to qualify for exemption under Internal Revenue Code



Section 501(c)(3), as amended? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

STEP 5: Property Information

• Attach one Schedule A form for each parcel of real property to be exempt.

• Attach one Schedule B form listing all personal property to be exempt.

STEP 6: Certificate and Signature

By signing this application, you designate the property described in the attached Schedules A and B as the property against which the charitable organiza-

tion exemption may be claimed in this appraisal district. By signing this application, you certify that the information provided in this application is true and

correct to the best of your knowledge and belief.

_________________________________________________________

_________________________________

Print Name

Title

_________________________________________________________

_________________________________

Authorized Signature

Date

If you make a false statement on this application, you could be found guilty of a Class A misdemeanor or a state jail felony under Penal Code

Section 37.10.

comptroller.texas.gov/taxes/property-tax