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Detailed financial overview of The 25th Century Foundation for tax year 2015, including revenue, expenses, and contributions.

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What is return of private foundation?

The return of a private foundation refers to the IRS Form 990-PF, which is an annual information return that provides the IRS with detailed financial information about the foundation's operations, assets, and grants.

Who is required to file return of private foundation?

All private foundations, regardless of size or activity, are required to file Form 990-PF annually with the IRS.

How to fill out return of private foundation?

To fill out the return of a private foundation, you must gather financial records, detailing income, expenses, assets, and distributions, then complete Form 990-PF by following the instructions provided by the IRS, ensuring all sections are accurately completed.

What is the purpose of return of private foundation?

The purpose of the return of a private foundation is to provide transparency regarding the foundation's activities, financial status, and compliance with tax rules to both the IRS and the public.

What information must be reported on return of private foundation?

The return of a private foundation must report details including the foundation's income, charitable distributions, investment income, assets at year-end, the names of trustees, and details of any grants made.

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