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 990 Pf  Form 2017

2017-2025 Form

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Instructions and help about 990 Pf Form

so the first slide which is slide number two is uh overview of the topics we're going to discuss and what our objectives 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 pf serves multiple purposes one is that you calculate the net investment income that 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 in the in the view of congress and so these tax laws came about and they've been evolving slowly ever since b

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