Get the free FORM 1023 Part VI, Question 1a & b Question a ... - Mound City Bank

FORM 1023 Ann & Leo Still, Jr. Charitable Trust Part VI, Question 1a & b Question a: two scholarships are offered to individuals graduating from high schools in the Prattville, Photos, and Dishabille,

How to fill out form 1023 part vi

To fill out Form 1023 Part VI, follow these steps:

1. Start by reviewing the instructions provided by the Internal Revenue Service (IRS) for Form 1023. These instructions will guide you through the entire process, including Part VI.
2. In Part VI of Form 1023, you will need to provide a detailed description of your organization's proposed activities. This includes the specific programs, projects, or services your organization plans to undertake once tax-exempt status is granted.
3. Provide a narrative description of your activities in section 1 of Part VI. This should include information on the purpose, goals, and methods of each program or project. Be sure to be clear and concise while explaining the impact and significance of your activities.
4. In section 2 of Part VI, you will need to provide detailed information regarding any fees, dues, or other charges you anticipate collecting from your activities. This includes explaining how these funds will be used to support your organization's mission and charitable work.
5. In section 3 of Part VI, you will need to discuss any contracts or agreements your organization may have with individuals, corporations, or government entities. Provide details about the nature of these agreements and how they contribute to your organization's programs and activities.
6. Finally, review your completed Form 1023 Part VI to ensure accuracy and completeness. Double-check that all the necessary information and supporting documentation have been included before submitting it to the IRS.
7. If your organization falls into any of these categories and wants to be recognized as tax-exempt by the IRS, you need to complete Form 1023. Part VI is specifically required to provide a detailed description of your organization's proposed activities.
8. This section allows the IRS to evaluate if your activities align with the criteria for tax-exempt status. It is important to accurately and thoroughly explain the nature of your organization's programs, projects, or services and how they fulfill the requirements for tax exemption.
9. Additionally, Part VI is crucial for demonstrating to potential donors, grant-making organizations, and other stakeholders the impact and significance of your organization's activities. By providing a clear and comprehensive description, you can showcase the importance of your work and attract support for your cause.
10. Remember, the IRS uses Form 1023 Part VI to assess whether your organization qualifies for tax-exempt status. Therefore, it is essential to carefully fill out this section to increase your chances of approval and successfully obtaining tax-exempt status for your organization.

For pdfFiller’s FAQs

What is form 1023 part vi?

Form 1023 part vi is the section of the IRS Form 1023 used by organizations applying for tax-exempt status under section 501(c)(3) of the Internal Revenue Code.

Who is required to file form 1023 part vi?

Nonprofit organizations seeking tax-exempt status under section 501(c)(3) of the Internal Revenue Code are required to file form 1023 part vi.

How to fill out form 1023 part vi?

Form 1023 part vi should be filled out by providing detailed information about the organization's activities, finances, and governance structure as required by the IRS.

What is the purpose of form 1023 part vi?

The purpose of form 1023 part vi is to help the IRS determine if an organization qualifies for tax-exempt status under section 501(c)(3) of the Internal Revenue Code.

What information must be reported on form 1023 part vi?

Form 1023 part vi requires organizations to provide information about their activities, finances, and governance structure, as well as details about their charitable purposes.

How can I modify form 1023 part vi without leaving Google Drive?

By combining pdfFiller with Google Docs, you can generate fillable forms directly in Google Drive. No need to leave Google Drive to make edits or sign documents, including form 1023 part vi. Use pdfFiller's features in Google Drive to handle documents on any internet-connected device.

Can I create an eSignature for the form 1023 part vi in Gmail?

When you use pdfFiller's add-on for Gmail, you can add or type a signature. You can also draw a signature. pdfFiller lets you eSign your form 1023 part vi and other documents right from your email. In order to keep signed documents and your own signatures, you need to sign up for an account.

How do I complete form 1023 part vi on an Android device?

Use the pdfFiller Android app to finish your form 1023 part vi and other documents on your Android phone. The app has all the features you need to manage your documents, like editing content, eSigning, annotating, sharing files, and more. At any time, as long as there is an internet connection.