Instructions For Form 990-Pf - Return Of Private Foundation Or Section 4947(A)(1) Nonexempt Charitable Trust Treated As A Private Foundation - Return Of Private Foundation Or Section 4947(A)(1) Nonexempt Charitable Trust Treated As A Private Foundation - Page 16

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be uncollectable). In columns (a), (b), and
and loans receivable and the allowance
equipment held for investment purposes,
(c), enter net amounts (total pledges
for doubtful accounts.
such as rental properties. In columns (a)
receivable reduced by the corresponding
and (b), enter the book value of all land,
Notes receivable. In columns (a), (b),
allowance for doubtful accounts).
buildings, and equipment held for
and (c), enter the amount of all notes
investment less accumulated
Line 5 — Grants receivable. Enter the
receivable not listed on line 6 and not
depreciation. In column (c), enter the fair
total grants receivable from governmental
acquired as investments. Attach a
market value of these assets. Attach a
agencies, foundations, and other
schedule similar to the one for line 6. The
schedule listing these investment fixed
organizations as of the beginning and end
schedule should also identify the
assets held at the end of the year and
of the year.
relationship of the borrower to any officer,
showing, for each item or category listed,
director, trustee, foundation manager, or
Line 6 — Receivables due from officers,
the cost or other basis, accumulated
other disqualified person.
directors, trustees, and other
depreciation, and book value.
disqualified persons. Enter here (and
For a note receivable from any section
on an attached schedule described
Line 12 — Investments — mortgage
501(c)(3) organization, list only the name
below) all receivables due from officers,
loans. Enter the amount of mortgage
of the borrower and the balance due on
directors, trustees, foundation managers,
loans receivable held as investments but
the required schedule.
and other disqualified persons and all
do not include program-related
Loans receivable. In columns (a), (b),
investments (see instructions for line 15).
secured and unsecured loans (including
and (c), enter the gross amount of loans
advances) to such persons. Disqualified
Line 13 — Investments — other. Enter
receivable, minus the allowance for
person is defined in General
the amount of all other investment
doubtful accounts, from the normal
Instruction C.
holdings not reported on lines 10 through
activities of the filing organization (such
Attached schedules. (a) On the
12. Attach a schedule listing and
as scholarship loans). An itemized list of
required schedule, report each loan
describing each of these investments held
these loans is not required but attach a
separately, even if more than one loan
at the end of the year. Show the book
schedule showing the total amount of
was made to the same person, or the
value for each and indicate whether the
each type of outstanding loan. Report
same terms apply to all loans made.
investment is listed at cost or end-of-year
loans to officers, directors, trustees,
market value. Do not include
Salary advances and other advances
foundation managers, or other
program-related investments (see
for the personal use and benefit of the
disqualified persons on line 6 and loans to
recipient and receivables subject to
instructions for line 15).
other employees on line 15.
special terms or arising from transactions
Line 8 — Inventories for sale or use.
Line 14 — Land, buildings, and
not functionally related to the foundation’s
equipment. On the dashed lines to the
Enter the amount of materials, goods, and
charitable purposes must be reported as
supplies purchased or manufactured by
left of column (a), enter the year-end book
separate loans for each officer, director,
the organization and held for sale or use
value (cost or other basis) and
etc.
accumulated depreciation of all land,
in some future period.
(b) Receivables that are subject to the
buildings, and equipment owned by the
Line 9 — Prepaid expenses and
same terms and conditions (including
organization and not held for investment.
deferred charges. Enter the amount of
credit limits and rate of interest) as
In columns (a) and (b), enter the book
short-term and long-term prepayments of
receivables due from the general public
value of all land, buildings, and equipment
expenses attributable to one or more
from an activity functionally related to the
not held for investment less accumulated
future accounting periods. Examples
foundation’s charitable purposes may be
depreciation. In column (c), enter the fair
include prepayments of rent, insurance,
reported as a single total for all the
market value of these assets. Include any
and pension costs, and expenses
officers, directors, etc. Travel advances
property, plant, and equipment owned
incurred in connection with a solicitation
made for official business of the
and used by the organization to conduct
campaign to be conducted in a future
organization may also be reported as a
its charitable activities. Attach a schedule
accounting period.
single total.
listing these fixed assets held at the end
Lines 10a, b, and c — Investments —
of the year and showing the cost or other
For each outstanding loan or other
government obligations, corporate
basis, accumulated depreciation, and
receivable that must be reported
stocks and bonds. Enter the book value
book value of each item or category
separately, the attached schedule should
(which may be market value) of these
listed.
show the following information (preferably
investments.
in columnar form):
Line 15 — Other assets. List and show
Attach a schedule that lists each
1. Borrower’s name and title,
the book value of each category of assets
security held at the end of the year and
2. Original amount,
not reportable on lines 1 through 14.
shows whether the security is listed at
3. Balance due,
Attach a separate schedule if more space
cost (including the value recorded at the
4. Date of note,
is needed.
time of receipt in the case of donated
5. Maturity date,
One type of asset reportable on line 15
securities) or end-of-year market value.
6. Repayment terms,
is program-related investments. These
Do not include amounts shown on line 2.
7. Interest rate,
are investments made primarily to
Governmental obligations reported on line
8. Security provided by the borrower,
accomplish a charitable purpose of the
10a are those that mature in 1 year or
9. Purpose of the loan, and
filing organization rather than to produce
more. Debt securities of the U.S.
10. Description and fair market value of
income.
Government may be reported as a single
the consideration furnished by the lender
total rather than itemized. Obligations of
(e.g., cash — $1,000; or 100 shares of
Line 16 — Total assets. All filers must
state and municipal governments may
XYZ, Inc., common stock — $9,000).
complete line 16 of columns (a), (b), and
also be reported as a lump-sum total. Do
(c). These entries represent the totals of
not combine U.S. Government obligations
The above detail is not required for
lines 1 through 15 of each column.
with state and municipal obligations on
receivables or travel advances that may
However, organizations that have assets
this schedule.
be reported as a single total (see (b)
of less than $5,000 per books at all times
above); however, report and identify
Line 11 — Investments — land,
during the year need not complete lines 1
those totals separately on the attachment.
buildings, and equipment. On the
through 15 of column (c).
Line 7 — Other notes and loans
dashed lines to the left of column (a),
The column (c) amount is also
receivable. On the dashed lines to the
enter the year-end book value (cost or
TIP
entered on the entry space for I on
left of column (a), enter the combined
other basis) and accumulated
page 1.
total year-end figures for notes receivable
depreciation of all land, buildings, and
-16-
Form 990-PF Instructions

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