LARCHMONT FOUNDATION, INC. v. COMMISSIONER, 72 T.C. 131 (1979) LARCHMONT FOUNDATION, INC., AND PAUL R. STOUT, PETITIONERS v. COMMISSIONEROF INTERNAL REVENUE, RESPONDENT Docket No. 9860-75.United States Tax Court. Filed April 17, 1979. P was the president of F, a private foundation. The Commissioner determined that disbursements listed on F’s return for 1971 were taxable expenditures […]
