SUBJECT: |
Stanford Research Institute (SRI) Claim for Property Tax Refund (APN Nos. 062-390-660, 062-390-670, 062-390-730, 062-390-740, and 062-390-760) |
Under section 214 of the Revenue and Taxation Code, the so-called "welfare exemption," property which is used exclusively for religious, hospital, scientific, or charitable purposes and is owned and operated by community chests, funds, foundations or corporations organized and operated for religious, hospital, scientific, or charitable purposes is exempt from property taxation. In February, 2002, the Assessor received a 2002 welfare claim from SRI, filed by its agent, KPMG. Upon review, the Assessor determined that the information supplied by the taxpayer was insufficient to establish entitlement to the exemption. The taxpayer was informed that it needed to supply evidence of the charitable use of the property, an explanation of "project revenue," a list of donations and grants, and copies of its contracts with other organizations. To date the taxpayer has not provided the information. |
SRI may eventually qualify, at least in part, for the welfare exemption. However, at this time the property remains taxable, and there is thus no basis for a refund. |
