Instructions For Form 5227 - Split-Interest Trust Information Return

officer, director, trustee, or other

Line 36—Investments—Other

For loans outstanding at the end of the

disqualified person.

year, attach a schedule that provides (for

Enter the amount of all other investment

each loan) the name and title of the

For a note receivable from any section

holdings not reported on line 34 or 35.

lender and the information specified in

501(c)(3) organization, list only the name

Attach a schedule describing each of

the line 30 instructions.

of the borrower and the balance due on

these investments held at the end of the

the required schedule.

year. Show the book value for each and

Line 43—Mortgages and Other Notes

Loans Receivable.—Enter the gross

indicate whether the investment is listed

Payable

at cost or end-of-year market value. Do

amount of loans receivable, less the

Enter the amount of mortgages and

allowance for doubtful accounts, arising

not include program-related investments.

other notes payable at the beginning

from the normal activities of the trust.

See instructions for line 38.

and end of the year. Attach a schedule

An itemized list of these loans is not

Line 37—Land, Buildings, and

showing, as of the end of the year, the

required, but attach a schedule

Equipment

total amount of all mortgages payable

indicating the total amount of each type

and, for each nonmortgage note

of loan outstanding. Report loans to

Enter the book value (cost or other basis

payable, the name of the lender and the

officers, directors, trustees, or other

less accumulated depreciation) of all

other information specified in the line 30

disqualified persons on line 30, and

land, buildings, and equipment owned

instructions. The schedule should also

loans to other employees on line 38.

by the trust and not held for investment.

identify the relationship of the lender to

This includes any equipment owned and

Line 32—Inventories for Sale or Use

any officer, director, trustee, or other

used by the trust in conducting its

disqualified person.

Enter the amount of materials, goods,

charitable activities. Attach a schedule

listing these fixed assets held at the end

and supplies purchased or manufactured

Line 44—Other Liabilities

by the trust and held for sale or use in

of the year and showing for each item or

List and show the amount of each

category listed, the cost or other basis,

some future period.

liability not reportable on lines 40

accumulated depreciation, and book

Line 33—Prepaid Expenses and

through 43. Attach a separate schedule

value.

if more space is needed.

Deferred Charges

Line 38—Other Assets

Both annuity trusts and unitrusts

Enter the amount of short-term and

should include any advances from

List and show the book value of each

long-term prepayments of future

trustees on line 44. Unitrusts should also

expenses attributable to one or more

category of assets not reportable on

include any unitrust amounts applicable

lines 27 through 37. Attach a separate

future accounting periods. Examples

to prior periods that are unpaid as of the

schedule if more space is needed.

include prepayments of rent, insurance,

valuation date, since such amounts

and pension costs, and expenses

One type of asset reportable on line

reduce the net FMV of the trust’s assets.

incurred in connection with a solicitation

38 is program-related investments made

campaign to be conducted in a future

primarily to accomplish a charitable

Part V-B—Charitable

accounting period.

purpose of the trust rather than to

Remainder Unitrust

produce income.

Lines 34a, b, and c—Investments—

Information

Government Obligations, Corporate

Liabilities

Stocks, and Bonds

Line 51a

Line 40—Accounts Payable and

Enter the book value (which may be

Accrued Expenses

Enter the unitrust fixed percentage

market value) of these investments.

(which may not be less than 5%).

Attach a schedule that lists each

Enter the total accounts payable to

suppliers and others, and accrued

security held at the end of the year and

Line 53a

expenses such as salaries payable,

shows whether the security is listed at

Figure the total accrued distribution

accrued payroll taxes, and interest

cost (including the value recorded at the

deficiencies from previous years as

payable.

time of receipt in the case of donated

follows:

securities) or end-of-year market value.

Line 41—Revenue Designated for

Do not include amounts shown on line

1. Aggregate the unitrust’s net asset

Future Periods

28. Governmental obligations reported

FMV for each previous year.

on line 34a are those that mature in one

Enter the amount of contributions,

2. Multiply 1 above by the unitrust’s

year or more. Debt securities of the U.S.

governmental fees or grants, grants from

fixed percentage.

Government may be reported as a single

other organizations, other fees and

3. From the result in 2, subtract the

total rather than itemized. Obligations of

support that contributors or grantors

aggregate trust income that was

state and municipal governments may

have designated as payable for or

distributed for previous years.

also be reported as a lump-sum total.

applicable to one or more future years,

Do not combine U.S. Government

either by the terms of the gift or by the

Line 54

obligations with state and municipal

terms of the contract or other

Enter the total unitrust dollar amount. If

obligations on the attached schedule.

arrangement. Do not include any

there is more than one recipient, attach

amounts restricted for future use by the

a schedule showing the percentage of

Line 35—Investments—Land,

trust’s own governing instrument. Attach

the total unitrust dollar amount payable

Buildings, and Equipment

a schedule that describes each

to each recipient. The sum of these

contribution or grant designated for one

Enter the book value (cost or other basis

individual shares should be 100%.

or more future periods and indicate the

less accumulated depreciation) of all

total amount of each item and the

land, buildings, and equipment held for

Line 55

investment purposes, such as rental

amount applicable to each future period.

This amount is to be used in

properties. Attach a schedule listing

determining future accrued distribution

Line 42—Loans From Officers,

these investment fixed assets held at

deficiencies.

Directors, Trustees, and Other

the end of the year and showing, for

Disqualified Persons

each item or category listed, the cost or

other basis, accumulated depreciation,

Enter the unpaid balance of loans

and book value.

received from officers, directors,

trustees, and other disqualified persons.

Page 5

Instructions For Form 5227 - Split-Interest Trust Information Return - 1994 Page 5

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