Instructions For Schedule A (Form 990 Or 990-Ez) - Public Charity Status And Public Support - 2014 Page 18
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18Reasonable cause exception. An
Amounts paid to meet a distribution
The organization may carry over these
organization that fails to distribute its
requirement of a prior tax year cannot also
amounts to future years. Prior-year
distributable amount will not be classified
be counted toward the distribution
carryovers are applied before current-year
as a private foundation for the year of the
requirement for the tax year in which paid.
distributions.
failure if the organization establishes to the
Judicial proceeding exception. An
Part VI. Supplemental
satisfaction of the IRS that:
organization is excused from meeting the
Information
1. The failure was due to unforeseen
distribution requirements to the extent of a
events or circumstances beyond its
conflicting mandatory provision in its
Use Part VI to provide narrative
control, a clerical error, or an incorrect
governing instrument, if a judicial
information required by these instructions
valuation of assets;
proceeding is pending to reform a
or to supplement responses to questions
2. The failure was due to reasonable
governing instrument that prohibits
on Schedule A (Form 990 or 990-EZ).
cause and not to willful neglect; and
compliance, under the circumstances set
Identify the specific part and line number
forth in Regulations section
that the response supports, in the order in
3. The distribution requirement is met
1.509(a)-4(i)(11)(ii)(E).
which they appear on Schedule A (Form
within 180 days after the organization is
990 or 990-EZ). Part VI can be duplicated
first able to distribute its distributable
Lines 7 and 8. Enter on line 7 the
if more space is needed.
amount notwithstanding the unforeseen
prior-year carryover and the current-year
events or circumstances, or within 180
distributions to the extent not applied to
Do not include in Part VI the
days after the clerical error or incorrect
prior-year underdistributions and the
names of any donors, grantors, or
!
valuation was or should have been
current-year distributable amount (and not
contributors because Part VI will
discovered.
CAUTION
already carried over for five tax years).
be made available for public inspection.
Instructions for Schedule A (Form 990 or 990-EZ)
-18-
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