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R 4 990-PF Form OMB No 1 54 5 00 5 2 Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation a For calendar y ear 2007, or tax y ear be g inning
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What is form 990-pf?
Form 990-PF is the annual information return that private foundations file with the Internal Revenue Service (IRS) to provide information about their activities, financial status, and compliance with tax regulations.
Who is required to file form 990-pf?
Private foundations are required to file form 990-PF if their annual gross receipts exceed $5,000 or if they have assets worth $50,000 or more.
How to fill out form 990-pf?
Form 990-PF can be filled out electronically using IRS-approved tax software or manually by following the instructions provided by the IRS. It requires detailed information about the foundation's finances, grants, investments, and other activities.
What is the purpose of form 990-pf?
The purpose of form 990-PF is to ensure transparency and accountability of private foundations by providing the IRS and the public with information about their operations, finances, and compliance with tax regulations.
What information must be reported on form 990-pf?
Form 990-PF requires reporting of various information including the foundation's assets, revenues, expenses, grants, investments, compensation of key employees, and any excise taxes paid.
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