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861 Form 990 Return of Organization Exempt From Income Tax A For the 2011 calendar year, or tax year beginning COMMUNITY B Check if applicable: C Name of organization Address change D Room/suite MORGANTOWN
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Community foundation is a tax-exempt organization that serves a specific geographic area and pools donations to provide grants and support to local nonprofits.
Community foundations are required to file Form 990 with the IRS.
To fill out Form 990 for a community foundation, detailed financial information, grantmaking activities, and governance structure must be reported.
The purpose of a community foundation is to support charitable activities in a specific geographic region and to provide a way for local residents to give back to their community.
Information such as financial activities, grant distributions, board members, and administrative expenses must be reported on Form 990 for a community foundation.
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