what should I do if I'm under a school foundation having its own TIN and all government registration and I want to put up another school und...

Question

what should I do if I'm under a school foundation having its own TIN and all government registration and I want to put up another school under the same foundation but with a different name with its own TIN and the like? basically they can operate on their own without the consent of the main foundation

Answer

You might consider having them as an affiliate, but the IRS User Fee to allow an organization to have affiliates is $3,000. Plus, the organization cannot operate totally independent. Best is that they apply for their independent exemption authorization.