Instructions For Schedule D 990 (Page 4 of 6) in pdf

used toward the purchase of qualifying

which restrictions can be temporary or

Line 2. On lines 2a through 2c, enter

housing holds funds in an escrow or

permanent in nature. See SFAS 117

the estimated percentage of the

custodial account. If the organization

(ASC 958-205-45).

organization's total endowment funds

acts as a go-between and doesn't report

at current year's end (as reported in

Line 1a. Enter the beginning-of-year

these funds as its assets or liabilities on

line 1g, column (a)) held in (a) board

balances of the organization's

Form 990, Part X, it must report the fund

designated or quasi-endowment

endowment funds for the current year

balances on lines 1c through 1f.

funds, (b) permanent endowment

and prior year. The amounts entered

funds, or (c) temporarily restricted

Line 2. If the organization answered

should agree with the organization's

endowment funds. The total of these

“Yes” to line 2a, explain in Part XIII the

total permanent (true) endowment,

three percentages should equal 100%.

arrangements under which the amounts

temporarily restricted endowment,

reported on Form 990, Part X, line 21,

and quasi-endowment funds at the

Line 3. Report information on

are held, including any obligations the

beginning of the current year and prior

endowment funds not in possession of

organization has to other persons under

year.

the organization.

such arrangements.

Line 1b. Enter the amounts of

Line 3a(i). Enter “Yes” if any of the

Explain in Part XIII any credit

current year and prior year

organization's endowment funds are in

counseling, debt management, credit

contributions and transfers to the

the possession of and administered by

repair, or debt negotiation services the

organization's endowment funds.

unrelated organizations.

organization provided.

These amounts include all donor gifts,

Line 3a(ii). Enter “Yes” if any of the

grants, and contributions received, as

Part V. Endowment Funds

organization's endowment funds are in

well as additional funds established by

the possession of and administered by

Complete Part V if the organization

the organization's governing board to

related organizations.

answered “Yes” on Form 990, Part IV,

function like an endowment, but that can

line 10. For Part V, the definitions of

be expended at any time at the

Line 3b. All related organizations

endowments and types of

discretion of the board.

are required to be reported on

endowments are governed by SFAS

Schedule R (Form 990), Related

Line 1c. Enter the current year and

117, paragraphs 13 through 16 (ASC

Organizations and Unrelated

prior year net amounts of investment

958-210 and 958-225). Information

Partnerships. Enter “Yes” on line 3b if

earnings, gains, and losses, including

reported in Part V should pertain to the

the organization answered “Yes” to

both realized and unrealized amounts.

aggregate of the endowment assets

line 3a(ii) and the organization listed all

For earnings reported net of transaction

held by the organization, organizations

related organizations referred to on

costs, enter the net amount on line 1c.

formed and maintained exclusively to

line 3a(ii) in Schedule R.

For earnings reported on a gross basis,

further one or more exempt purposes of

enter the transaction costs on line 1f.

Line 4. Describe in Part XIII the

the organization, and organizations that

intended uses of the organization's

hold endowment funds for the benefit of

Line 1d. Enter the current year and

endowment funds.

the organization.

prior year amounts distributed for grants

or scholarships.

Temporarily restricted

Part VI. Land, Buildings,

endowments include endowment

Because scholarships

and Equipment

funds established by donor-restricted

represent direct aid to

TIP

Complete Part VI if the organization

gifts that are maintained to provide a

individuals, they are

answered “Yes” on Form 990, Part IV,

source of income for either a specified

distinguished from general

line 11a, and reported an amount on

period of time or until a specific event

programmatic aid referenced in line 1e.

Form 990, Part X, line 10a. Reporting is

occurs (see SFAS 117 (ASC

required if any amount other than zero is

958-205-45)), as well as all other

Line 1e. Enter the current year and

reported on those lines.

temporarily restricted net assets held in

prior year amounts distributed for

a donor-restricted endowment,

facilities and programs. Amounts on this

Column (a). Enter the cost or other

including unappropriated income from

line should include withdrawn amounts,

basis of all land, buildings, leasehold

permanent endowments that isn't

and amounts disinvested from an

improvements, equipment, and other

subject to a permanent restriction.

organization's quasi-endowments to

fixed assets held for investment

reduce or eliminate capital investment.

purposes, such as rental properties.

Permanent (true) endowments are

endowment funds that are established

Line 1f. Enter the current year and

Column (b). Enter the cost or other

by donor-restricted gifts and are

prior year administrative expenses

basis of all other land, buildings,

maintained to provide a permanent

charged to the endowment funds.

leasehold improvements, equipment,

source of income, with the stipulation

These expenses can arise from either

and other fixed assets held for other

that principal must be invested and kept

internal or third party sources.

than investment purposes, including any

intact in perpetuity, while only the

land, buildings, and equipment owned

Line 1g. Enter the year-end

income generated can be used by the

and used by the organization in

balances of the organization's

organization.

conducting its exempt activities. The

endowment funds for the current year

total amounts reported in columns (a)

Board-designated endowments,

and prior year. To determine the

and (b) must equal the amount reported

or quasi-endowments, are

year-end balances, add lines 1a, 1b,

on Form 990, Part X, line 10a.

endowments established by the

and investment earnings on line 1c, and

organization itself, either from

subtract line 1c investment losses and

Column (c). Enter the accumulated

unrestricted donor or organizational

the amounts on lines 1d through 1f.

depreciation recorded for the assets

funds, over which the organization itself

listed in columns (a) and (b). Don't enter

imposes restrictions on their use, and

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2016 Instructions for Schedule D (Form 990)

Instructions For Schedule D 990 Page 4

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