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 - 2004 Page 21
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30Column (c). Enter salary, fees,
professional nature for the organization
conferences, or similar educational
bonuses, and severance payments
(such as attorneys, accountants, and
material;
received by each person listed. Include
doctors). Also show the total number of all
7. Support the service of foundation
current year payments of amounts
other independent contractors who
staff on boards or advisory committees of
reported or reportable as deferred
received more than $50,000 for the year
other charitable organizations or on public
compensation in any prior year.
for performing professional services.
commissions or task forces;
8. Provide technical advice or
Column (d). Include all forms of
Part IX-A—Summary of
assistance to a governmental body, a
deferred compensation and future
governmental committee, or subdivision
severance payments (whether or not
Direct Charitable Activities
of either, in response to a written request
funded or vested, and whether or not the
by the governmental body, committee, or
List the foundation’s four largest
deferred compensation plan is a qualified
subdivision;
programs as measured by the direct and
plan under section 401(a)). Include
9. Conduct performing arts
indirect expenses attributable to each that
payments to welfare benefit plans
performances; or
consist of the direct active conduct of
(employee welfare benefit plans covered
charitable activities. Whether any
10. Provide technical assistance to
by Part I of Title 1 of ERISA, providing
grantees and other charitable
expenditure is for the direct active
benefits such as medical, dental, life
organizations. This assistance must have
conduct of a charitable activity is
insurance, apprenticeship and training,
determined, generally, by the definitions
significance beyond the purposes of the
scholarship funds, severance pay,
grants made to the grantees and must not
and special rules of section 4942(j)(3) and
disability, etc.) on behalf of the officers,
consist merely of monitoring or advising
the related regulations, which define a
etc. Reasonable estimates may be used if
the grantees in their use of the grant
private operating foundation.
precise cost figures are not readily
funds. Technical assistance involves the
available.
Except for significant involvement
furnishing of expert advice and related
Unless the amounts are reported in
grant programs, described below, do not
assistance regarding, for example:
column (c), report, as deferred
include in Part IX-A any grants or
a. Compliance with governmental
compensation in column (d), salaries and
expenses attributable to administering
regulations,
other compensation earned during the
grant programs, such as reviewing grant
b. Reducing operating costs or
period covered by the return, but not yet
applications, interviewing or testing
increasing program accomplishments,
paid by the date the foundation files its
applicants, selecting grantees, and
c. Fundraising methods, and
return.
reviewing reports relating to the use of the
d. Maintaining complete and accurate
grant funds.
Column (e). Enter both taxable and
financial records.
nontaxable fringe benefits, expense
Include scholarships, grants, or other
account and other allowances (other than
payments to individuals as part of an
Report both direct and indirect
de minimis fringe benefits described in
active program in which the foundation
expenses in the expense totals. Direct
section 132(e)). See Pub. 525 for more
maintains some significant involvement.
expenses are those that can be
information. Examples of allowances
Related administrative expenses should
specifically identified as connected with a
include amounts for which the recipient
also be included. Examples of active
particular activity. These include, among
did not account to the organization or
programs and definitions of the term
others, compensation and travel
allowances that were more than the
“significant involvement” are provided in
expenses of employees and officers
payee spent on serving the organization.
Regulations sections 53.4942(b)-1(b)(2)
directly engaged in an activity, the cost of
Include payments made in connection
and 53.4942(b)-1(d).
materials and supplies utilized in
with indemnification arrangements, the
conducting the activity, and fees paid to
value of the personal use of housing,
Do not include any program-related
outside firms and individuals in
automobiles, or other assets owned or
investments (reportable in Part IX-B) in
connection with a specific activity.
leased by the organization (or provided
the description and expense totals, but be
for the organization’s use without charge).
sure to include qualified set-asides for
Indirect (overhead) expenses are
direct charitable activities, reported on
Line 2 — Compensation of five
those that are not specifically identified as
line 3 of Part XII. Also, include in Part
highest-paid employees. Fill in the
connected with a particular activity but
IX-A, amounts paid or set aside to acquire
information requested for the five
that relate to the direct costs incurred in
assets used in the direct active conduct of
employees (if any) of the foundation (or
conducting the activity. Examples of
charitable activities.
disregarded entity that the foundation
indirect expenses include: occupancy
owns) who received the greatest amount
expenses; supervisory and clerical
Expenditures for direct charitable
of annual compensation over $50,000. Do
compensation; repair, rental, and
activities include, among others, amounts
not include employees listed on line 1.
maintenance of equipment; expenses of
paid or set aside to:
Also enter the total number of other
other departments or cost centers (such
1. Acquire or maintain the operating
employees who received more than
as accounting, personnel, and payroll
assets of a museum, library, or historic
$50,000 in annual compensation.
departments or units) that service the
site or to operate the facility;
department or function that incurs the
Show each listed employee’s entire
2. Provide goods, shelter, or clothing
direct expenses of conducting an activity;
compensation package for the period
to indigents or disaster victims if the
and other applicable general and
covered by the return. Include all forms of
foundation maintains some significant
administrative expenses, including the
compensation that each listed employee
involvement in the activity rather than
compensation of top management, to the
received in return for his or her services.
merely making grants to the recipients;
extent reasonably allocable to a particular
See the line 1 instructions for more details
3. Conduct educational conferences
activity.
on includible compensation.
and seminars;
Line 3 — Five highest-paid independent
4. Operate a home for the elderly or
No specific method of allocation is
contractors for professional services.
disabled;
required. The method used, however,
Fill in the information requested for the
5. Conduct scientific, historic, public
must be reasonable and must be used
five highest-paid independent contractors
policy, or other research with significance
consistently.
(if any), whether individuals or
beyond the foundation’s grant program
Examples of acceptable allocation
professional service corporations or
that does not constitute a prohibited
associations, to whom the organization
attempt to influence legislation;
methods include:
•
paid more than $50,000 for the year to
6. Publish and disseminate the results
Compensation that is allocated on a
perform personal services of a
of such research, reports of educational
time basis,
-21-
Form 990-PF Instructions
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