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COMMITTEE PRINT

TREASURY DEPARTMENT REF

ON

PRIVATE FOUNDATIONS

COMMITTEE ON FINANCE
UNITED STATES SENATE

(THIS REPORT HAS NOT BEEN CONSIDER SENATE COMMITTEE ON FINANCE. IT IS BEI

FOR INFORMATIONAL PURPOSES ON

42-663

FEBRUARY 2, 1965

Printed for the use of the Committee on Fi

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON: 1965

[blocks in formation]

LETTER OF TRANSMITTAL

Delaware

Kansas

ETT, Utah ebraska

RTON, Kentucky

EY DIRKSEN, ins

THE SECRETARY OF THE TREAS
Washington, Februar

Hon. HARRY F. BYRD,
Chairman, Committee on Finance,
U.S. Senate, Washington, D.C.
Hon. WILBUR C. MILLS,

Chairman, Committee on Ways and Means,
House of Representatives, Washington, D.C.

DEAR MR. CHAIRMEN: I am transmitting herewith t the Treasury Department on private foundations. Thi sponds to requests by the Committee on Finance of the the Committee on Ways and Means of the House of Rep that the Treasury Department examine the activities foundations for possible tax abuses and report its conclusi ommendations to the committees. The report contains of an extensive study made by the Department pursu requests and contains proposals for correction by legisl adequacies of the law disclosed by the study.

Sincerely yours,

DOUGLAS

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