[Foundation-l] Mission & Vision statement updated

[Ray Saintonge]

Thomas Dalton wrote:

>>>Just a quick point here: the Foundation may not change its mission  statement
>>>without an official determination letter from the IRS.
>>>      
>>>
>>Can you please provide us with the law or regulation which says this?
>>Can you also let us know the methods by which one can obtain such a
>>determination letter?  Are you saying an entirely new Form 1023 has to
>>be submitted?
>>    
>>
>I don't know the details, but it is common sense that such a law
>exists.
>
This is a dangerous assumption to make when dealing with law.  The 
legislators who write the laws have on occasion been known to have some 
very serious lapses of common sense. :-)

In tax law it is not unusual to base interpretation of the law on a 
strict literal interpretation of a statute.

Ec