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RS Return of Private Foundation 990 PF Form Department of the Treasury OMB No 15450052 or Section 4947(a) (1) Nonexempt Charitable Trust Treated as a Private Foundation Internal Revenue Service Elements
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What is return of private foundation?
The return of private foundation is a form that must be filed by certain tax-exempt organizations to provide information about their activities, finances, and compliance with tax laws.
Who is required to file return of private foundation?
Private foundations with gross receipts of $200,000 or more or with assets of $500,000 or more are required to file a return.
How to fill out return of private foundation?
The return of private foundation can be filled out online using the IRS's electronic filing system, or it can be printed and mailed to the IRS.
What is the purpose of return of private foundation?
The purpose of the return of private foundation is to provide the IRS and the public with information about the foundation's activities, finances, and compliance with tax laws.
What information must be reported on return of private foundation?
The return of private foundation must include information about the foundation's mission, activities, finances, grants, and compensation of officers and directors.
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