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Form OMB No 1545.0052990PFReturn of Private Foundation or Section 4947(AXL) Trust Treated as Private Foundation Do not enter social security numbers on this form as it may be made public. Information
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How to fill out form 990-pf return of

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How to fill out form 990-pf return of

01
Obtain the form 990-PF from the Internal Revenue Service (IRS) website or by contacting the IRS directly.
02
Read the instructions carefully to understand the requirements and specific sections of the form.
03
Provide the necessary organizational information, including the name, address, and Employer Identification Number (EIN) of the private foundation.
04
Fill out Part I to report any changes in foundation status or termination.
05
Complete Part II to provide a summary of the foundation's assets, contributions, and expenditures.
06
Fill out Part III to report any program-related investments and other financial activities.
07
Complete Part IV to provide information about the foundation's officers, directors, trustees, and key employees.
08
Fill out Part V to report any grants and other assistance provided by the foundation.
09
Complete Part VI to provide details on the foundation's lobbying and political activities.
10
Fill out Part VII to report any compensation and other financial arrangements with disqualified persons.
11
Complete Part VIII to provide information about the foundation's relationship with other organizations.
12
Fill out Part IX to report any foreign activities and grants.
13
Review the completed form for accuracy, ensuring all required fields are filled out and all attachments are included.
14
Sign and date the form, and retain a copy for your records.
15
Submit the completed form to the IRS by the designated filing deadline.

Who needs form 990-pf return of?

01
Form 990-PF is required to be filed by private foundations, including non-exempt charitable trusts treated as private foundations, to report their financial information to the IRS.
02
Any organization recognized as a private foundation under section 501(c)(3) of the Internal Revenue Code must file Form 990-PF, regardless of its size or activities.
03
This includes charitable foundations, corporate foundations, family foundations, and other similar entities that meet the definition of a private foundation.
04
It is important for these organizations to file Form 990-PF accurately and on time to maintain their tax-exempt status and comply with IRS regulations.
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Form 990-PF is the annual return that private foundations are required to file with the IRS to provide information about their financial activities, including income, expenses, and distributions.
Private foundations that are exempt from federal income tax under section 501(c)(3) are required to file Form 990-PF.
To fill out Form 990-PF, organizations need to gather their financial records and complete the form sections regarding revenue, expenses, net investment income, distributions, and assets. It's important to follow the instructions provided by the IRS.
The purpose of Form 990-PF is to provide the IRS with information about the foundation’s financial status and activities, to ensure compliance with federal tax law, and to inform the public about the foundation’s operations.
The form requires reporting of income, expenses, assets, liabilities, grants made, compensation of officers, and a list of the foundation’s board members.
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