Instructions For Schedule F (Form 990) - 2010 (Page 3 of 4) in pdf

costs paid to or for the benefit of

entities to report in Part II than space

descriptions such as general support,

employees located in the region; travel

available, report the additional

school or hospital construction,

expenses to, from, and within the

organizations or entities on duplicate

purchase of medical supplies or

region; rent and other costs relating to

copies of Schedule F (Form 990), Part

equipment, purchase of school books

offices located in the region; grants to

II. Use as many duplicate copies as

or school supplies, provision of clothing,

recipients located in the region; bank

needed, and number each page of

food, etc. In the case of specific

fees and other financial account

each part.

disaster assistance, include a

maintenance fees and costs; and

description of the disaster, such as

Report cash grants and noncash

payments to agents located in the

tsumani or earthquake relief.

assistance in Part II based on the

region. Report expenditures based on

accounting method used to account for

Column (e). Enter total dollar

the method used to account for them

them on the organization’s financial

amount of cash grants, in U.S. dollars,

on the organization’s financial

statements, and describe this method in

to each recipient foreign organization or

statements, and describe this method in

Part V.

entity for the tax year. Cash grants

Part V.

include grants or allocations paid by

Do not complete Part II, line 1,

For 2010, allocations of indirect

cash, check, money order, wire

columns (a) or (b). However,

expenditures to foreign activities are not

transfers, and other charges against

complete columns (c) through (i)

CAUTION

necessary if the organization does not

funds on deposit at a financial

as if columns (a) and (b) were

separately track them. For example, if

institution.

completed.

under a university’s current accounting

Report grants in Part II regardless of

If the organization checks

procedures, certain expenses

the source of the grant funds (whether

“Accrual” on Form 990, Part XII,

TIP

associated with a study abroad

restricted or unrestricted), and

line 1, follows SFAS 116 (see

program are not separately tracked

regardless of whether the organization

instructions for Form 990, Part IX), and

(e.g., listing study abroad program on

selected the grantee.

makes a grant during the tax year to

school website or in paper catalog),

be paid in future years to an

then such expenses are not required to

Example. EO receives a grant

organization or government outside the

be included in Part I, column (f).

from a government agency, under the

United States, it should report the

terms of which EO is required to submit

An organization may have no

grant’s present value in Part II, line 1,

the funds to Y, a foreign university, for

foreign expenditures reportable

TIP

column (e) or (g), and report any

research on the causes of a particular

in Part I, column (f), even

accruals of present value increments in

disease. EO must report the payments

though it is required to report an activity

future years.

to Y as grant payments, regardless of

in Part I. For example, an organization

whether EO selected Y as the grantee.

Column (f). Describe the manner

that derives more than $10,000 of

of cash disbursement (or, for

Report program related investments

revenue from a foreign activity must

organizations using the accrual method

outside of the United States as grants

report the activity in Part I, even if it

of accounting, the intended manner of

in Part II.

incurred no expenditures for that

cash disbursement), such as by cash

Example. X is a small business

activity.

payment, money order, electronic fund

enterprise located in a deteriorated

or wire transfer, check, other charges

Part II. Grants and Other

urban area in a foreign country and

against funds on deposit at a financial

owned by members of an economically

Assistance to

institution, or other. List all that apply

disadvantaged minority group.

for each recipient.

Conventional sources of funds are

Organizations or Entities

unwilling or unable to provide funds to

Column (g). Enter the fair market

Outside the United

X on terms it considers economically

value of any noncash property in U.S.

feasible. EO makes a loan to X bearing

dollars.

States

interest below the market rate for

Column (h). For noncash property

commercial loans of comparable risk.

Complete Part II if the organization

or assistance, enter a description of the

EO’s primary purpose for making the

answered “Yes” on Form 990, Part IV,

property or assistance. List all that

loan is to encourage the economic

line 15. This means the organization

apply. Examples of noncash assistance

development of such minority groups.

reported on Form 990, Part IX,

include medical supplies or equipment,

The loan has no significant purpose

Statement of Functional Expenses,

pharmaceuticals, blankets, books, or

involving the production of income or

column (A), line 3, more than $5,000 of

other educational supplies.

the appreciation of property. The loan

grants and other assistance to any

significantly furthers the

Column (i). Describe the method of

particular foreign organization or

accomplishment of EO’s exempt

valuation. Report property with a readily

entity (including a foreign

activities and would not have been

determinable market value at its fair

government) or to a particular U.S.

made but for such relationship between

market value. When fair market value

organization or entity for foreign activity.

the loan and EO’s exempt activities.

cannot be readily determined, use an

Line 1. Enter information only for

Accordingly, the loan is a program

appraised or estimated value.

each recipient organization or entity

related investment, and EO must report

Line 2. Add number of recipient

that received more than $5,000 total of

it as a grant in Schedule F (Form 990),

grants or assistance from the

foreign organizations listed on line 1

Part II.

organization for the tax year.

of Schedule F (Form 990):

Column (c). Specify the region

•

that are recognized by the Internal

If the organization checked the

where the principal office of the

Revenue Service as exempt from

box on Schedule F (Form 990),

TIP

recipient organization or entity is

federal income tax as described in

Part II, that no one recipient

located. See Regions, earlier.

section 501(c)(3);

received more than $5,000, do not

•

Column (d). Describe the purpose

that are recognized as a charity by a

complete line 1.

or ultimate use of the grant funds. Do

foreign country; and

•

Enter the details of each

not use general terms, such as

for which the grantmaker has made a

organization or entity on a separate

charitable, educational, religious, or

good faith determination, based on an

line. If there are more organizations or

scientific. Use more specific

affidavit from the grantee or the opinion

-3-

Instructions For Schedule F (Form 990) - 2010 Page 3

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