Instructions For Form 990-Pf - Return Of Private Foundation Or Section 4947(A)(1) Nonexempt Charitable Trust Treated As A Private Foundation - Internal Revenue Service - 2010 Page 28
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32support (other than gross investment
award the organization makes. This
identify any income reported in column
income as defined in section 509(e)) from
information benefits the grant seeker and
(b). In column (c), enter an exclusion
the public and from five or more exempt
the foundation. The grant seekers will be
code, from the list on page 31, to identify
organizations that are not described in
aware of the grant eligibility requirements,
any income reported in column (d). If
section 4946(a)(1)(H) with respect to
and the foundation should receive only
more than one exclusion code is
each other or the recipient foundation.
applications that adhere to these grant
applicable to a particular revenue item,
Not more than 25% of the support (other
application requirements.
select the lowest numbered exclusion
than gross investment income) normally
code that applies. Also, if nontaxable
If the foundation only makes
may be received from any one of the
revenues from several sources are
contributions to preselected charitable
exempt organizations and not more than
reportable on the same line in column (d),
organizations and does not accept
one-half of the support normally may be
use the exclusion code that applies to the
unsolicited applications for funds, check
received from gross investment income.
largest revenue source.
the box on line 2.
Line 3. If necessary, attach a schedule
Columns (b), (d), and (e). For amounts
See regulations under section 4942 for
for lines 3a and 3b that lists separately
reported in Part XVI-A on lines 1 – 11,
the meaning of “directly for the active
amounts given to individuals and amounts
enter in column (b) any income earned
conduct” of exempt activities for purposes
given to organizations.
that is unrelated business income (see
of these tests.
section 512). In column (d), enter any
Purpose of grant or contribution.
Complying with these tests. A
income earned that is excluded from the
Entries under this column should reflect
foundation may meet the income test and
computation of unrelated business
the grant’s or contribution’s purpose and
either the assets, endowment, or support
taxable income by Code section 512, 513,
should be in greater detail than merely
test by satisfying the tests for any 3 years
or 514. In column (e), enter any related or
classifying them as charitable,
during a 4-year period consisting of the
exempt function income; that is, any
educational, religious, or scientific
tax year in question and the 3
income earned that is related to the
activities.
immediately preceding tax years. It may
organization’s purpose or function which
For example, use an identification
also meet the tests based on the total of
constitutes the basis for the organization’s
such as payments:
all related amounts of income or assets
exemption.
•
For nursing service,
held, received, or distributed during that
•
For fellowships, or
Also enter in column (e) any income
4-year period. A foundation may not use
•
For assistance to indigent families.
specifically excluded from gross income
one method for satisfying the income test
other than by Code section 512, 513, or
and another for satisfying one of the three
Entries such as “grant” or
514, such as interest on state and local
alternative tests. Thus, if a foundation
!
“contribution” under the column
bonds that is excluded from tax by section
meets the income test on the
titled Purpose of grant or
CAUTION
103. You must explain in Part XVI-B any
3-out-of-4-year basis for a particular tax
contribution are unacceptable.
amount shown in column (e).
year, it may not use the 4-year
Line 3a. Paid during year. List all
aggregation method for meeting one of
Comparing Part XVI-A with Part I. The
contributions, grants, etc., actually paid
the three alternative tests for that same
sum of the amounts entered on each line
during the year, including grants or
year.
of lines 1 – 11 of columns (b), (d), and (e)
contributions that are not qualifying
In completing line 3c(3) of Part XIV
of Part XVI-A should equal corresponding
distributions under section 4942(g).
under the aggregation method, the largest
amounts entered on Part I, lines 3 – 11,
Include current year payments of
amount of support from an exempt
column (a), and on line 5b as shown
set-asides treated as qualifying
organization will be based on the total
below:
distributions in the current tax year or any
amount received for the 4-year period
prior year.
Amounts in
Correspond to
from any one exempt organization.
Part XVI-A
Amounts in Part I,
Line 3b. Approved for future
on line . . .
column (a), line . . .
A new private foundation must use the
payment. List all contributions, grants,
aggregation method to satisfy the tests for
etc., approved during the year but not
its first tax year in order to be treated as a
paid by the end of the year, including the
1a – g . . . . . . . . . . . . . . . 11
private operating foundation from the
2 . . . . . . . . . . . . . . . . . . 11
unpaid portion of any current year
3 . . . . . . . . . . . . . . . . . . 3
beginning of that year. It must continue to
set-aside.
4 . . . . . . . . . . . . . . . . . . 4
use the aggregation method for its 2nd
5 and 6 . . . . . . . . . . . . . . 5b (description
Because Form 990-PF is
and 3rd tax years to maintain its status for
column)
!
disclosed to the public, do not
those years.
7 . . . . . . . . . . . . . . . . . . 11
report personal information about
CAUTION
8 . . . . . . . . . . . . . . . . . . 6
grantees that is not required and could be
Part XV. Supplementary
9 . . . . . . . . . . . . . . . . . . 11 minus any special
used for identity theft purposes, such as a
event expenses
Information
social security number, taxpayer
included on lines 13
through 23 of Part I,
identification number, or bank account
Complete this part only if the foundation
column (a)
information. See General Instruction Q for
had assets of $5,000 or more at any time
10 . . . . . . . . . . . . . . . . . 10c
more information about public inspection
during the year. This part does not apply
11a – e . . . . . . . . . . . . . . 11
and disclosure requirements.
to a foreign foundation that during its
Line 1. Program service revenue. On
entire period of existence received
Part XVI-A. Analysis of
lines 1a – g, list each revenue-producing
substantially all (85% or more) of its
program service activity of the
Income-Producing
support (other than gross investment
organization. For each program service
income) from sources outside the
Activities
activity listed, enter the gross revenue
United States.
earned for each activity, as well as
In Part XVI-A, analyze revenue items that
Line 2. In the space provided (or in an
identifying business and exclusion codes,
are also entered in Part I, lines 3 – 11,
attachment, if necessary), furnish the
in the appropriate columns. For line 1g,
column (a), and on line 5b. Contributions
required information about the
enter amounts that are payments for
reported on line 1 of Part I are not entered
organization’s grant, scholarship,
services rendered to governmental units.
in Part XVI-A. For information on
fellowship, loan, etc., programs. In
Do not include governmental grants that
unrelated business income, see the
addition to restrictions or limitations on
are reportable on Part I, line 1.
Instructions for Form 990-T and Pub. 598.
awards by geographical areas, charitable
fields, and kinds of recipients, indicate
Columns (a) and (c). In column (a),
Report the total of lines 1a – g on line
any specific dollar limitations or other
enter a 6-digit business code, from the list
11 of Part I, along with any other income
restrictions applicable to each type of
in the Instructions for Form 990-T, to
reportable on line 11.
-28-
Form 990-PF Instructions
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