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URL:  http://boards.fool.com/can-a-non-profit-do-this-30183469.aspx

Subject:  Can a non-profit do this? Date:  8/2/2012  6:43 PM
Author:  fleg9bo Number:  116490 of 121096

http://online.wsj.com/article/SB1000087239639044413030457755...

The Ford Foundation awarded a $500,000 grant to the Washington Post to expand its government-accountability coverage, the foundation's second major grant to a for-profit newspaper this year.

The foundation made its first for-profit newspaper grant to the Los Angeles Times this spring — an award of $1 million to enlarge coverage of local immigration and ethnic communities.
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So my question is, can a tax-exempt foundation give money to a private for-profit corporation -- money that will presumably improve that corporation's profits -- and keep its tax-exempt status intact?

--fleg
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