Fixed Payment
Copies of certified Federal income tax returns obtained from
the Internal Revenue Service should accompany any request for the
“fixed payment.” If such returns cannot be obtained or are not available,
accountant certified financial statements and other reasonable supporting
evidence may be utilized on a case by case basis. A NPO must provide
proof of exemption from Federal income taxes under
Internal
Revenue Code
(26USC 501)
and
document its nonprofit organization status under Texas law.