{
  "id": "EXEMPT_OPERATING_FOUNDATION_STATUS",
  "name": "Exempt Operating Foundation Status",
  "category": "excise",
  "jurisdiction": "federal",
  "eligibility_type": "opportunity",
  "eligibility": {
    "description": "Must be an operating foundation, publicly supported for 10+ years, with a governing body where 75% are not disqualified individuals and no officers are disqualified individuals.",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "deadline_passed",
    "retroactive_note": "Action required during tax year — verify if still applicable",
    "forward_status": "available"
  },
  "description": "Private foundations that qualify as 'exempt operating foundations' are entirely exempt from the 1.39% excise tax on net investment income.",
  "irc_reference": "IRC §4940(d)",
  "deadline": "",
  "savings_potential": "medium",
  "benefits": "individual|business",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}