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60386 10/20/2009 2:07 PM 990 Form Return of Organization Exempt From Income Tax Department of the Treasury Internal Revenue Service 2008 Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue
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Start by gathering all the necessary documentation, such as income statements, tax returns, and financial statements.
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Individuals or families who wish to establish a charitable foundation in their community.
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A community foundation is a charitable organization that manages and distributes funds to support local nonprofit organizations and projects.
Community foundations are required to file Form 990 with the IRS.
To fill out Form 990 for a community foundation, organizations must provide information about their finances, governance, and activities.
The purpose of a community foundation is to provide funding and support to organizations and projects that benefit the local community.
Information that must be reported on Form 990 for a community foundation includes financial data, governance structure, and programmatic activities.
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