Welcome to EO Radio Show – Your Nonprofit Legal Resource. The IRS Form 990-PF is a complicated federal information return that the Internal Revenue Code requires every private foundation to file each year.
For this episode, I'm delighted to have as my guest Tracy Hom, a certified public accountant with the firm Realize CPA. Tracy will address some frequently asked questions from private foundation directors and officers when they review their foundation's first Form 990-PF. We'll provide a brief orientation to the form, and we'll cover some of these questions.
Resources:
Tracy Hom, Managing Partner, Realize CPA: https://realize.cpa/team/
Realize CPA Publications: https://realize.cpa/news/
IRS information page on Form 990-PF: https://www.irs.gov/forms-pubs/about-form-990-pf
Form 990-PF for 2022: https://www.irs.gov/pub/irs-pdf/f990pf.pdf
Instructions for Form 990-PF for 2022: https://www.irs.gov/pub/irs-pdf/i990pf.pdf
EO Radio Show private foundation episodes:
Nonprofit Basics: Operating Foundation Rules
Loot and Private Foundation Rules – Part 1
Loot and Private Foundation Rules - Part 2
Nonprofit Basics: What You Need To Know About Expenditure Responsibility
Nonprofit Basics: Private Foundation Minimum Distribution Requirements
Nonprofit Basics: Set-Asides As Qualifying Distributions
Nonprofit Basics: Insider Transactions and Nonprofits – What’s the Big Deal?
Nonprofit Basics: Federal Tax Filing Deadlines and Penalties
EO Radio Show YouTube private foundation episode playlist
If you have suggestions for topics you would like us to discuss, please email us at eoradioshow@fbm.com.
Additional episodes can be found at EORadioShowByFarella.com.
DISCLAIMER: This podcast is for general informational purposes only. It is not intended to be, nor should it be interpreted as, legal advice or opinion.
