Form 990 - Instruction For Schedule D - 2010 printable pdf download

2010

Department of the Treasury

Internal Revenue Service

Instructions for Schedule D

(Form 990)

Supplemental Financial Statements

2. That is owned and controlled by a

Column (a). Complete for all donor

Section references are to the Internal

sponsoring organization; and

advised funds held at any time during

Revenue Code unless otherwise noted.

3. For which the donor or donor

the tax year by the organization as a

General Instructions

advisor has or reasonably expects

sponsoring organization.

to have advisory privileges in the

Column (b). Complete for each similar

Note. Terms in bold are defined in the

distribution or investment of amounts

fund or account held by the

Glossary of the Instructions for Form

held in the donor advised fund or

organization at any time during the tax

990.

account because of the donor’s

year over which a donor, or person

status as a donor.

appointed by the donor, had advisory

Purpose of Schedule

privileges with respect to the

Schedule D (Form 990) is used by an

distribution or investment of amounts

Exceptions. A donor advised fund

organization that files Form 990 to

held in such fund or account, but which

does not include any fund or account:

provide the required reporting for donor

does not constitute a donor advised

1. That makes distributions only to a

advised funds, conservation

fund. Examples of other similar funds

single identified organization or

easements, certain art and museum

or accounts include, but are not limited

governmental entity, or

collections, escrow or custodial

to, the funds or accounts listed in

2. In which a donor or donor advisor

accounts or arrangements,

Exceptions above, as well as funds

gives advice about which individuals

endowment funds, and supplemental

otherwise prescribed by statute as

receive grants for travel, study, or other

financial information.

excepted from the meaning of a donor

similar purposes, if:

advised fund.

a. The donor or donor advisor’s

Who Must File

Line 1. Report in column (a) the total

advisory privileges are performed

number of donor advised funds and in

An organization that answered “Yes” to

exclusively by such person in his or her

column (b) the total number of other

any of lines 6 through 12a on Form

capacity as a member of a committee

similar funds or accounts held by the

990, Part IV, Checklist of Required

in which all of the committee members

organization at the end of the year.

Schedules, must complete the

are appointed by the sponsoring

appropriate part(s) of Schedule D

organization;

Line 2. Report in column (a) the

(Form 990) and attach the schedule to

b. No combination of donors or

aggregate amount of contributions

Form 990. An organization that

donor advisors (and related persons as

during the year to all donor advised

answered “Yes” to Form 990, Part IV,

defined below) directly or indirectly

funds and in column (b) the aggregate

line 12b can complete Parts XI, XII, and

control the committee; and

amount of contributions during the

XIII of Schedule D (Form 990), but is

c. All grants from the fund or

year to all other similar funds or

not required to do so.

account are awarded on an objective

accounts held by the organization.

and nondiscriminatory basis following a

If an organization is not required to

Line 3. Report in column (a) the

procedure approved in advance by the

file Form 990 but chooses to do so, it

aggregate amount of grants made

board of directors of the sponsoring

must file a complete return and provide

during the year from all donor advised

organization. The procedure must be

all of the information requested,

funds and in column (b) the aggregate

designed to ensure that all grants meet

including the required schedules.

amount of grants made during the year

the requirements of section 4945(g)(1),

from all other similar funds or accounts

(2), or (3); or

Specific Instructions

held by the organization.

3. That the Secretary exempts from

Line 4. Report in column (a) the

being treated as a donor advised fund

aggregate value at the end of the year

Part I. Organizations

because either such fund or account is

of all donor advised funds and in

advised by a committee not directly or

column (b) the aggregate value at the

Maintaining Donor

indirectly controlled by the donor or

end of the year of all other similar funds

donor advisor or because such fund

Advised Funds or Other

or accounts held by the organization.

benefits a single identified charitable

Similar Funds or

purpose.

Part II. Conservation

Accounts

Easements

See Notice 2006-109, 2006-2 C.B.

Complete Part I if the organization

1121.

Complete Part II if the organization

answered “Yes” to Form 990, Part IV,

A related person to a donor or donor

line 6.

line 7.

advisor includes: any family member

Generally a donor advised fund is

(as defined in section 4958(f)) of the

In addition to reporting on

a fund or account:

donor or donor advisor and any 35%

conservation easements, also report

1. That is separately identified by

controlled entity (as defined in section

in Part II other interests in real property

reference to contributions of a

4958(f)) of the donor, donor advisor, or

that under state law have attributes

donor or donors;

their family members.

similar to a conservation easement and

Cat. No. 51527M

Form 990 - Instruction For Schedule D - 2010

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