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The Let's Read organization is a public charity under IRC section 501(c) (3). It had total support of the following: Of the $261,000 received from

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The Let's Read organization is a public charity under IRC section 501(c) (3). It had total support of the following: Of the $261,000 received from individuals, $240,000 came from four contributors, each of whom gave $60,000; the other $21,00 came from small individual contributions Required a. Calculate the total amount of support that qualifies as "public support" in meeting the public support test to escape private foundation status. c-1. If the organization had received $200,000 from one individual, and the remaining $61,000 from many small individual contributions, calculate the total amount of support that qualifies as "public support" in meeting the public support test to escape private foundation status

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