Contributions or Gifts to the School Would be Considered for Tax Purposes as Charitable Donations

June 30, 1960 BIR RULING NO. 338-60 Mr. Luther B. Bowley Manila Hotel M a n i l a S i r : Reference is made to your letter dated June 20, 1960, stating the following: "The Masonic Fraternity is thinking of opening a school for the deaf and the blind in one of the educational centers (perhaps Iloilo or Cebu). If such a school should be established it would be necessary for us to depend largely on donations from business firms. Would such donation be placed in the same category as charitable organizations, like the Red Cross, Band of Mercy, etc. and be deductible from income tax returns?". In answer thereto, I have the honor to inform you that the contributions or gifts to the school would be considered for tax purposes as charitable donations provided no part of the net income of said school will inure to the benefit of any private stock-holder or individual. Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue