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990 Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation) The organization may have to use a copy of this return to satisfy
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Community foundation is a type of public charity that raises funds from the general public to support a specific geographic area, cause, or population.
Community foundations are required to file Form 990 with the IRS to maintain their tax-exempt status.
To fill out Form 990 for a community foundation, organizations must provide information on their finances, activities, governance, and compliance with tax laws.
The purpose of filing Form 990 for a community foundation is to provide transparency to donors, the IRS, and the public about the organization's finances and activities.
Information reported on Form 990 for a community foundation includes financial statements, program descriptions, board member information, and compliance with tax laws.
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