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private foundations are a unique class of 501c3 organization so unique in fact that they have their own exclusive version of IRS Form 990 call the form 990-pf hi I'm Greg McCray CEO a foundation group and in this video we're going to examine just what makes IRS Form 990 PF so different from its counterparts well like a lot of the other form 990s that we've talked about the 990-pf requires details about expenses and revenue by category but because this is for private foundations only these disclosures are really more concerning things that are in line with private foundations which is different than what you would typically see with public charities so from a financial standpoint what you see is you see a lot of focus on things like investments endowments earnings and capital gains so it's a little bit different than the typical donation or program service revenue type disclosures that you see with a public charity now people still donate to private foundations so it's not like that inf

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