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Return of Private Foundation 990-PF Form Department of the Treasury Internal Revenue Service OMB or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation No 1545 0052 2007
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What is return of private foundation?
The return of private foundation is a form filed by organizations that qualify as private foundations to report their financial activities to the IRS.
Who is required to file return of private foundation?
Private foundations are required to file a return with the IRS annually.
How to fill out return of private foundation?
The return of private foundation can be filled out electronically using the IRS's online system or by submitting a paper form.
What is the purpose of return of private foundation?
The purpose of the return of private foundation is to provide transparency into the financial activities of private foundations and ensure they are meeting their tax-exempt purposes.
What information must be reported on return of private foundation?
The return of private foundation must include details on the organization's income, expenses, grants made, investments, and other financial activities.
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