COMMONWEALTH EX REL. LUCKETT v. I. W. BERNHEIM FOUND.


505 S.W.2d 762 (1974)

COMMONWEALTH of Kentucky, DEPARTMENT OF REVENUE, ex rel., James E. LUCKETT, Commissioner, etc., Appellants, v. ISAAC W. BERNHEIM FOUNDATION, INC., et al., Appellees.

Court of Appeals of Kentucky.

February 15, 1974.


Attorney(s) appearing for the Case

William S. Riley, Norris A. Harmon and James M. Baker, Dept. of Revenue, Frankfort, for appellants.

S. L. Greenebaum, Robert F. Matthews, Greenebaum, Grissom, Doll, Matthews & Boone, Louisville, for appellees.


VANCE, Commissioner.

This is an appeal from a judgment holding that the property of the Isaac W. Bernheim Foundation, Inc., is exempt from ad valorem taxation pursuant to Section 170 of the Constitution of Kentucky which exempts from taxation institutions of purely public charity.

The Isaac W. Bernheim Foundation was incorporated for the following purposes:

"1. To afford means for further development in...

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