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      <FactsAndCircumstancesTestTxt>ECONOMIC STRATEGY INSTITUTE QUALIFIES AS A PUBLIC CHARITY UNDER THE "FACTS AND CIRCUMSTANCES" TEST OF 1.170A-9(F)(3) OF THE TREASURY REGULATIONS, BASED UPON THE FOLLOWING:ITS SUPPORT, AS REPORTED FOR 2022, IS 20.95%, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(I).ECONOMIC STRATEGY INSTITUTE IS ORGANIZED AND OPERATED SO AS TO ATTRACT NEW AND ADDITIONAL FUNDING ON A CONTINUOUS BASIS, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(II). ECONOMIC STRATEGY INSTITUTE HAS RECENTLY UNDERTAKEN SIGNIFICANT EFFORTS TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT. ECONOMIC STRATEGY INSTITUTE'S PUBLIC SUPPORT, AT 20.95%, IS WELL ABOVE THE 10% MINIMUM REQUIRED FOR THE "FACTS AND CIRCUMSTANCES" TEST, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(III). IN MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(I), ECONOMIC STRATEGY INSTITUTE HAS RECEIVED SUPPORT FROM A REPRESENTATIVE NUMBER OF PERSONS, RATHER THAN RECEIVING ALL OR MOST OF ITS SUPPORT FROM THE MEMBERS OF A SINGLE FAMILY, OR FROM A SINGLE DONOR. ECONOMIC STRATEGY INSTITUTE'S CURRENT FUNDRAISING PLANS ARE TARGETED AT A BROAD BASE OF DONORS. IN THIS RESPECT, ECONOMIC STRATEGY INSTITUTE MEETS THE REQUIREMENT OF 1.170A-9(F)(3)(III)(B).ECONOMIC STRATEGY INSTITUTE REMAINS AN ORGANIZATION COMMITTED TO SERVING THE PUBLIC THROUGH ITS WORK. ECONOMIC STRATEGY INSTITUTE WORKS EXCLUSIVELY TO DEFINE A NEW ECONOMIC AGENDA BY CHALLENGING OLD ASSUMPTIONS AND DEVELOPING INTEGRATED, MACRO/MICRO ECONOMIC STRATEGY, TO REALIZE THE FULL POTENTIAL OF AMERICA'S MATERIAL AND HUMAN RESOURCES. IN 2022, ECONOMIC STRATEGY INSTITUTE CONTINUED ITS PROGRAMS AND FURTHERED ITS GENERAL RESEARCH ON ECONOMIC TOPICS OF INDUSTRIES, RESULTING IN PUBLICATIONS AND VARIOUS FORMS OF COMMUNICATION TO EDUCATE THE PUBLIC AND RAISE AWARENESS OF ISSUES. IN THIS MANNER, ECONOMIC STRATEGY INSTITUTE MEETS THE REQUIREMENT OF 1.170A-9(F)(3)(III)(D).</FactsAndCircumstancesTestTxt>
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