donation

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donation

[dō′nā·shən]
(mycology)
In conjugation, a process involving a nonconjugative plasmid and a conjugative plasmid in which the latter provides the missing conjugative function to the former so that the former may be transferred.
References in periodicals archive ?
1) Is exclusive, and the donee dies without exercising the power, it must be exercised for the benefit of all of the appointees equally.
1) Equally important, rightful donees with an understanding of these factors can take care to structure a gift in a manner that will avoid later challenge.
For those donee organizations that are required to furnish necessary acknowledgements to donors, new Section 6720 imposes penalties to those who file misleading false or fraudulent acknowledgements, and to those who knowingly fail to furnish any required acknowledgements.
The donee must furnish a copy of this certification to the donor (for example, as part of IRS Form 8282--a copy of which is supplied to the donor).
As articulated in Revenue Ruling 93-12, the Service concluded that in the case of a corporation with a single class of stock - notwithstanding the family relationship of (1) the donor, (2) the donee, and (3) other shareholders - the shares of other family members will no longer be aggregated with the transferred shares in order to determine whether the transferred shares should be valued as part of a controlling ownership interest.
142) When the donee pays the gift tax, the donor is enriched by the amount of the tax.
a) When the consent of the donor or of a third person to the exercise of a power of appointment is required, such consent shall be expressed in a written instrument, subscribed by the person whose consent is required; and to entitle the instrument of exercise to be recorded, the signatures of the donee and of the person consenting must be acknowledged or proved in the manner required by the laws of this state for the recording of a deed of real property.
Why should the status or identity of donee beneficiaries be exempt from the parol evidence rule?
it made a gift to a non-qualified donee in the form of a $500,000 transfer to a non-profit organization in the United States; and
170A-14(g)(2), if the donated property is subject to a mortgage, the rights of the mortgagee must be subordinated to those of the qualified donee to enforce the conservation purpose in perpetuity In one recent case, Wall, T.
Two caveats: firstly, it's important to be aware that your beneficiary/ies could still be caught by IHT if the donor dies within seven years and the gift has been disposed of by the donee within that seven-year window.
To substantiate a monetary contribution of less than $250 to a charitable organization, the donor should maintain a bank record of the contribution or written communication from the donee stating the name of the donee organization, as well as the date and dollar amount of the donation.