Kresge Auditorium Kresge Auditorium Kresge Auditorium is an auditorium building for the Massachusetts Institute of Technology, located at 48 Massachusetts Avenue, Cambridge, Massachusetts. It was designed by the noted architect Eero Saarinen, with ground-breaking in 1953 and dedication in 1955. The building was named for its principal funder, Sebastian S. Kresge, founder of S. S. Kresge Stores (corporate predecessor of Kmart) and the Kresge Foundation. Saarinen designed Kresge Auditorium in tandem with his MIT Chapel; the two buildings are separated by a "green," referred to by students as the "Kresge Oval." The ensemble is recognized as one of the best examples of
S corporation have been run as partnerships or sole proprietorships are often run as corporations with a small number of shareholders in order to take advantage of the beneficial features of the corporate form; this is particularly true of firms established prior to the advent of the modern limited liability company. Therefore, taxation of S corporations resembles that of partnerships. Unlike a C corporation, an S corporation is not eligible for a dividends received deduction. Unlike a C corporation, an S corporation is not subject to the 10 percent of taxable income limitation applicable to charitable contribution deductions. A corporation is "eligible"