INPCRP-L Archives

From: Sharon Mills <>
Subject: [INPCRP] 501 (c) (13) hurdle
Date: Wed, 11 Jun 2003 19:35:01 -0500

Some of you may have worked as part of a cemetery association to get 501
status for your cemetery. I've got everything ready to go on this for the
Mt Olivet Cemetery in Parke Co except the requirement for a certified
appraiser to appraise the value of the land "at the time of purchase." IRS
is firm that this requirement must be met, even though we never purchased a
square foot of the ground. It was all gifted.
I was told by an IRS staffer that it would be adequate for a certified
appraiser to write a letter saying it was impossible to place a value on
the land at the time it was gifted in three parcels from 1849 to about 1905.

I've encountered a problem. Appraisers have very specific areas of
licensing, and residential appraisers can't do this. Only a certified
general appraiser can do it. There aren't many of these folks available in
Parke Co, if any. And one I found in Terre Haute wants to check to see if
it's within his licensing capability, as he never heard of it. Anyone
know a certified appraiser who would write a letter from the pertinent
facts we could supply, such as deeds and acreage?

Sharon Mills

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• [INPCRP] 501 (c) (13) hurdle by Sharon Mills <>