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How to prepare Form 990-PF
About Form 990-PF
Form 990-PF is a tax return filed by private foundations in the United States. It is required by the Internal Revenue Service (IRS) to monitor the activities and expenditures of private foundations. The form provides information about the foundation's income, assets, grants, and operations. Private foundations are required to file Form 990-PF annually and must disclose information about their grant-making activities, financial statements, and investments. This form is used by the IRS to determine if the foundation is in compliance with the tax laws that govern private foundations. In summary, any private foundation that has registered with IRS as a tax-exempt organization 501(c)(3) is required to file Form 990-PF annually, indicating their status and operations for the year.
What Is 990 Pf?
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