IRS 990-PF 2013 free printable template

Cat. No. 11289X Form 990-PF 2013 Page 2 Balance Sheets Attached schedules and amounts in the description column should be for end-of-year amounts only. Form 990-PF Department of the Treasury Internal Revenue Service Return of Private Foundation not enter Social Security numbers on this form as it may be made public* Information about Form 990-PF and its separate instructions is at www*irs*gov/form990pf* Number and street or P. O. box number if mail is not delivered to street address Room/suite...Initial return Amended return Final return Address change Name change H Check type of organization Section 501 c 3 exempt private foundation Section 4947 a 1 nonexempt charitable trust Other taxable private foundation J Accounting method I Fair market value of all assets at Cash Accrual end of year from Part II col* c Other specify line 16 Part I column d must be on cash basis. Revenue a Revenue and expenses per books D 1. Foreign organizations check here. check here and attach computation E If...private foundation status was terminated under section 507 b 1 A check here. F If the foundation is in a 60-month termination under section 507 b 1 B check here b Net investment income Contributions gifts grants paid. Total expenses and disbursements. Add lines 24 and 25 Subtract line 26 from line 12 Excess of revenue over expenses and disbursements Adjusted net income if negative enter -0-. d Disbursements for charitable purposes cash basis only Check Interest on savings and temporary cash...investments Dividends and interest from securities. Gross rents. Net rental income or loss Net gain or loss from sale of assets not on line 10 Gross sales price for all assets on line 6a Capital gain net income from Part IV line 2. Net short-term capital gain. Income modifications. Gross sales less returns and allowances Less Cost of goods sold. Gross profit or loss attach schedule. Other income attach schedule. Total* Add lines 1 through 11. Compensation of officers directors trustees etc*...Other employee salaries and wages. Pension plans employee benefits. Legal fees attach schedule. Accounting fees attach schedule. Other professional fees attach schedule. Interest. Taxes attach schedule see instructions. Depreciation attach schedule and depletion. Occupancy. Travel conferences and meetings. Printing and publications. Other expenses attach schedule Total operating and administrative expenses. Add lines 13 through 23. a b c B Telephone number see instructions C If exemption...application is pending check here G Check all that apply 5a 6a 10a 16a A Employer identification number City or town state or province country and ZIP or foreign postal code Analysis of Revenue and Expenses The total of amounts in columns b c and d may not necessarily equal the amounts in column a see instructions. Open to Public Inspection 2013 and ending Name of foundation Operating and Administrative Expenses Do For calendar year 2013 or tax year beginning Part I OMB No* 1545-0052 For...Paperwork Reduction Act Notice see instructions.

Instructions and Help about IRS 990-PF

How to edit IRS 990-PF

How to fill out IRS 990-PF

Instructions and Help about IRS 990-PF

How to edit IRS 990-PF

To edit the IRS 990-PF form, you can utilize online tools such as pdfFiller. These tools allow you to upload the existing form, make necessary changes, and then save the updated document. Ensure that you review all edits for accuracy before finalizing.

How to fill out IRS 990-PF

Filling out the IRS 990-PF form involves several steps. First, begin with gathering all necessary information about your private foundation, including financial statements and details about charitable distributions. Second, follow the guidelines provided in the form for completing each section accurately. Pay close attention to schedules and attachments that may be required.

About IRS 990-PF 2013 previous version

What is IRS 990-PF?

What is the purpose of this form?

Who needs the form?

When am I exempt from filling out this form?

Components of the form

Due date

What payments and purchases are reported?

How many copies of the form should I complete?

What are the penalties for not issuing the form?

What information do you need when you file the form?

Is the form accompanied by other forms?

Where do I send the form?

About IRS 990-PF 2013 previous version

What is IRS 990-PF?

IRS 990-PF, officially called the "Return of Private Foundation," is a tax form required by the Internal Revenue Service for private foundations in the United States. It provides essential information about the foundation's financial activities, governance, and charitable distributions made during the tax year.

What is the purpose of this form?

The purpose of IRS 990-PF is to ensure that private foundations comply with federal tax laws. This form allows the IRS to verify that foundations are operating within the guidelines set for tax-exempt organizations and are distributing a minimum amount for charitable purposes each year.

Who needs the form?

Private foundations are required to file the IRS 990-PF form annually. This includes entities recognized as private foundations under the Internal Revenue Code, which primarily consist of charitable trusts and a few corporations. Public charities are not required to file this form unless they qualify as private foundations.

When am I exempt from filling out this form?

You may be exempt from filing the IRS 990-PF if your foundation meets specific requirements, such as being classified as a "private operating foundation." Additionally, certain foundations whose gross receipts are normally less than a specified threshold for the tax year may also be exempt from filing.

Components of the form

The IRS 990-PF form consists of various components, including financial data, governance information, and disclosures on charitable distributions. Key sections of the form include Part I, which covers the foundation’s revenue and expenses, and Part II, which details assets and liabilities. There are also schedules for reporting specific activities and transactions.

Due date

The due date for filing IRS 990-PF is the 15th day of the 5th month after the end of your foundation's tax year. For example, if your tax year ends on December 31, your form would be due by May 15 of the following year. Extensions may be requested, but even if an extension is granted, the form must be submitted within the extended timeframe.

What payments and purchases are reported?

IRS 990-PF requires the reporting of various financial transactions, including grants made to other charitable organizations, administration costs, and any investments or assets held by the foundation. The form provides a detailed breakdown of qualifying expenditures, ensuring transparency in how the foundation allocates its funds.

How many copies of the form should I complete?

You typically need to submit one original copy of IRS 990-PF to the IRS. However, it's advisable to maintain copies for your records and, if necessary, for state regulations if your foundation operates in multiple jurisdictions.

What are the penalties for not issuing the form?

Failure to file IRS 990-PF can result in significant penalties, including fines that accrue for each month the form is late. Additionally, consistent failure to file may lead to the loss of tax-exempt status, increased scrutiny from the IRS, and potential restrictions on the foundation's operations.

What information do you need when you file the form?

When filing the IRS 990-PF, you will require comprehensive financial information about the foundation, including details about income, expenses, assets, and liabilities. This may include copies of financial statements, records of donations made, descriptions of charitable programs, and any compensation paid to officers or directors.

Is the form accompanied by other forms?

IRS 990-PF may be submitted alongside supplemental schedules or forms that provide additional information about specific activities, such as Schedule A for public charities or Form 8868 for requesting an extension. It’s important to check the IRS instructions to ensure all necessary documentation is included.

Where do I send the form?

The IRS 990-PF should be sent to the appropriate IRS address designated for tax-exempt organizations. The mailing address may vary based on your foundation's location and whether you are filing electronically or by mail. Always refer to the current IRS guidelines for the correct submission address.

FAQ about IRS 990-PF

What should I do if I realize I’ve made a mistake in my filed IRS 990-PF?

If you've made an error on your filed IRS 990-PF, you can submit an amended return using Form 990-PF. It’s important to do this as soon as possible to correct the mistake and avoid potential penalties. Keep in mind to include a detailed explanation of the changes made.

How can I check if my IRS 990-PF has been processed?

To verify the processing status of your IRS 990-PF, you can contact the IRS directly or use the online tools available on their website. Be prepared to provide specific details about your submission to facilitate the check.

Are there any common errors to watch out for when filing the IRS 990-PF?

Common errors include mismatched financial data, incorrect names or addresses, and missing signatures. To avoid these pitfalls, carefully review all entries before submission, and consider using e-filing software that checks for common mistakes.

What steps should I take if I receive an audit notice regarding my IRS 990-PF?

If you receive an audit notice for your IRS 990-PF, the first step is to review the notice carefully to understand what is being questioned. Gather all relevant documentation to support your filings, and consider consulting a tax professional for advice on responding appropriately.

Can I e-file my IRS 990-PF, and are there any requirements associated with it?

Yes, you can e-file your IRS 990-PF using authorized e-filing software. Ensure that your chosen software complies with IRS requirements, and check for any technical prerequisites your system must meet for successful filing.