Instructions For Form 990-Pf - Return Of Private Foundation Or Section 4947(A)(1) Nonexempt Charitable Trust Treated As A Private Foundation - 2017 Page 18
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38officers, employees, or others during the
List each contribution, gift, grant, etc., in
foundations, unless the donee
year for travel, attending conferences,
Part XV, or attach a schedule of the items
organization is exempt from tax under
meetings, etc. Include transportation
included on line 25 and list:
section 501(c)(3) and redistributes the
(including fares, mileage allowance, or
contributions, and the foundation
1. Each class of activity;
automobile expenses), meals and lodging,
maintains sufficient evidence of
2. A separate total for each activity;
and related costs whether paid on the
redistribution, in accordance with section
3. Name and address of donee;
basis of a per diem allowance or actual
4942(g)(3) and Regulations section
expenses incurred. Don’t include any
53.4942(a)-3(c).
4. Relationship of donee if related by:
compensation paid to those who
Don’t include contributions paid from a
a. Blood,
participate.
nonoperating private foundation to a Type
b. Marriage,
III supporting organization as defined
In column (b). Only 50% of the
under section 4943(f)(5) that isn't a
c. Adoption, or
expense for business meals, etc., paid or
functionally integrated Type III supporting
d. Employment (including children of
incurred in connection with travel,
organization as defined under section
employees) to any disqualified person
meetings, etc., relating to the production
4943(f)(5)(B). See Regulations section
(see General Instruction C, earlier, for
of investment income may be deducted in
1.509(a)-4(i) and Notice 2014-4, 2014-2
definitions); and
figuring net investment income (section
I.R.B. 274, available at
IRS.gov/irb/
274(n)).
5. The organizational status of donee
2014–2_IRB/ar14.html.
(for instance, public charity—an
Don’t include contributions paid from a
In column (c). Subject to the Special
organization described in section 509(a)
nonoperating private foundation to any
rule, earlier, limiting amounts reported in
(1), (2), or (3)).
supporting organization if a disqualified
column (c) by the income generated by a
person of the private foundation controls
charitable activity, enter the total amount
You don't have to give the name of any
the supporting organization or any of its
of expenses paid or incurred by officers,
indigent person who received one or more
supported organizations. See Regulations
employees, or others for travel,
gifts or grants from the foundation unless
section 53.4942(a)–3(a)(3).
conferences, meetings, etc., related to
that individual is a disqualified person or
Don’t reduce the amount of grants paid
income included in column (c).
one who received a total of more than
in the current year by the amount of grants
$1,000 from the foundation during the
Line 22. Printing and publications.
paid in a prior year returned or recovered
year.
Enter the expenses for printing or
in the current year. Report those
Activities should be classified
publishing and distributing any
repayments on Part I, line 9, column (c),
according to purpose and in greater detail
newsletters, magazines, etc. Also include
and in Part XI, line 4.
than merely classifying them as charitable,
the cost of subscriptions to, or purchases
Don’t include any payments of
educational, religious, or scientific
of, magazines, newspapers, etc.
set-asides (see the instructions for Part
activities. For example, use identification
XII, line 3) taken into account as qualifying
Line 23. Other expenses. Enter all other
such as payments for nursing service, for
distributions in the current year or any
expenses for the year. Include all
fellowships, or for assistance to indigent
prior year. All set-asides are included in
expenses not reported on lines 13–22.
families.
qualifying distributions (Part XII, line 3) in
Attach a schedule showing the type and
Foundations may include, as a single
the year of the set-aside, regardless of
amount of each expense.
entry on the schedule, the total of amounts
when paid.
If a deduction is claimed for
paid as grants for which the foundation
Don’t include current-year write-offs of
amortization, attach a schedule showing:
exercised expenditure responsibility.
prior years' program-related investments.
Description of the amortized expenses;
Attach a separate report for each grant.
All program-related investments are
Date acquired, completed, or
included in qualifying distributions (Part
When the fair market value of the
expended;
XII, line 1b) in the year the investment is
property at the time of disbursement is the
Amount amortized;
made.
measure of a contribution, the schedule
Deduction for prior years;
Don’t include any payments that aren't
must also show:
Amortization period (number of
qualifying distributions as defined in
A description of the contributed
months);
section 4942(g)(1).
property,
Current-year amortization; and
The book value of the contributed
Total amount of amortization.
property,
Net Amounts
In column (c). In addition to the
The method used to determine the
applicable portion of expenses from
Line 27a. Excess of revenue over ex-
book value,
column (a), include any net loss from the
penses and disbursements. Subtract
The method used to determine the fair
sale or exchange of land or depreciable
line 26, column (a), from line 12, column
market value, and
property that was held for more than
(a), and enter the result. Generally, the
The date of the gift.
1 year and used in a trade or business.
amount shown in column (a) on this line is
The difference between fair
also the amount by which net assets (or
A deduction for amortization is allowed
market value and book value
TIP
fund balances) have increased or
but only for assets used for the production
should be shown in the books of
decreased for the year. See the
of income reported in column (c).
account and as a net asset adjustment in
instructions for Part III, later.
Part III.
Line 25. Contributions, gifts, grants
Line 27b. Net investment income.
paid. Don’t report on line 25 direct
Domestic organizations should subtract
In column (d). Enter on line 25 all
program expenditures that aren't
line 26, column (b), from line 12, column
contributions, gifts, and grants the
contributions, gifts, or grants. These
(b), and enter the result. Exempt foreign
foundation paid during the year with the
amounts should be reported on lines 13–
organizations should enter the amount
following exceptions.
24.
shown on line 12, column (b). However, if
Don’t include contributions to
In column (a). Enter the total of all
the organization is a domestic
organizations controlled by the foundation
contributions, gifts, grants, and similar
organization and line 26, column (b), is
or by one or more disqualified persons, or
amounts paid (or accrued) for the year.
more than line 12, column (b) (such as
contributions to nonoperating private
Form 990-PF Instructions
-18-
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