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Get And Sign Non Operating Private Foundation Administration Service Agreement Form

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so the first slide which is slide number two is overview of the topics we're going to discuss and what our options are for this morning so we're going to go through the basics of the private foundation form we're going to talk about the layout and the purpose of each part of the form and then we're going to talk about some of the tax compliance reporting that happens on the 990-pf MPs serves multiple purposes one is that you calculate the net investment income the private foundations must pay you make sure that they're making their minimum distribution requirements that are calculated and then there are multiple questions that get asked just for federal compliance issue private foundations came about through legislation that was enacted in 1969 and it was a result of people using private foundations in ways that were abusive and that's the view of Congress and so these tax laws came about and we've been evolving slowly ever since but the 990-pf is the tool that the IRS Treasury uses fo

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