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Department of the Treasury Internal Revenue SelVlceOMS No 15450052Return of Private FoundationForm,990PF×16or Section 4947(a)(1) Trust Treated as Private Foundation Do not enter social security numbers
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How to fill out form990-pf

01
To fill out form990-pf, follow these steps:
02
Gather all necessary information and documents related to your organization's finances, including income, expenses, assets, and liabilities.
03
Review the instructions provided by the Internal Revenue Service (IRS) for form990-pf to understand the requirements and specific sections that need to be completed.
04
Enter your organization's basic information, such as name, address, and EIN (Employer Identification Number), in the appropriate section of the form.
05
Complete Part I - Summary, which includes providing details about your organization's overall mission, activities, and financial data for the reporting period.
06
Proceed to Part II - Balance Sheets, and provide a detailed breakdown of your organization's assets, liabilities, and net assets.
07
Fill out Part III - Statement of Activities, which requires reporting your organization's revenue, expenses, and changes in net assets.
08
If applicable, complete Part IV - Capital Gains and Losses, where you should report any capital gains or losses incurred by your organization during the reporting period.
09
Move on to Part V - Qualification under Section 4940(e), if relevant, and provide information regarding your organization's status as a private foundation.
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Complete other required sections and schedules as instructed by the form990-pf instructions.
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Review the completed form990-pf for accuracy and make any necessary corrections.
12
Sign and date the form990-pf where indicated.
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Retain a copy of the completed form990-pf for your records and submit it to the IRS by the designated deadline, either electronically or by mail.

Who needs form990-pf?

01
Form990-pf needs to be filled out by organizations that are classified as private foundations under the tax code.
02
Private foundations are generally exempt from paying federal income tax but are required to submit form990-pf to the IRS annually.
03
This form provides detailed information about the foundation's financial activities, grants given, and other relevant data.
04
It helps the IRS assess the foundation's compliance with tax regulations and determine if it meets the criteria for maintaining its tax-exempt status.
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Form 990-PF is the Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation form, which is used by tax-exempt private foundations to provide the IRS with the necessary financial information.
Private foundations or nonexempt charitable trusts treated as private foundations are required to file Form 990-PF.
Form 990-PF should be filled out by providing detailed financial information, including income, expenses, grants awarded, and other activities of the private foundation.
The purpose of Form 990-PF is to provide transparency and accountability by disclosing the financial activities of private foundations to the IRS and the public.
Information such as income, expenses, grants awarded, investments, assets, liabilities, and other financial activities of the private foundation must be reported on Form 990-PF.
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