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? Return of Private Foundation 990-PF F Department of the Treasury internal Revenue Service OMB No 1545-0052 or Section 4947 (a)(1) Nonexempt Charitable Trust Treated as a Private Foundation 2009
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What is return of private foundation?
The return of a private foundation is a form that must be filed with the IRS to report the organization's financial and operational information.
Who is required to file return of private foundation?
Private foundations are required to file a return with the IRS, regardless of their income or assets.
How to fill out return of private foundation?
To fill out the return of a private foundation, the organization must complete Form 990-PF, which collects information about the foundation's finances, activities, and compliance with tax regulations.
What is the purpose of return of private foundation?
The purpose of the return of a private foundation is to provide the IRS with information about the foundation's activities, finances, and compliance with tax laws. It also helps regulate and monitor the operations of private foundations.
What information must be reported on return of private foundation?
The return of a private foundation requires reporting on the foundation's assets, income, expenses, grants, governance, and other operational details. It also requires disclosing transactions with disqualified persons and certain activities.
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