Are all private foundations required to file Form 990-PF?
According to the IRS, Form 990-PF must be filed by all private foundations that fall in one of the following categories:
Exempt private foundations (section 6033(a), (b), and (c)),
Taxable private foundations (section 6033(d)),
Organizations that agree to private foundation status whose tax-exempt applications are pending on the due date for filing,
Organizations that claim private foundation status but haven't yet applied for tax-exempt status and whose application isn't yet untimely under section 508(a) for retroactive recognition of exemption,
Organizations that made an election under section 41(e)(6)(D)(iv),
Private Foundations making a section 507(b) termination, and
Section 4947(a)(1) nonexempt charitable trusts treated as private foundations (section 6033(d)).
Last modified 04 Aug 2017 17:08 EST