Forum of Regional Associations of Grantmakers

Private Foundation Excise Taxes
Internal Revenue Service
www.irs.gov/charities/foundations/article/0,,id=137841,00.html

Reducing Your Excise Tax (PDF)
Association of Small Foundations
This article covers the basic steps for calculating a foundation’s excise tax on investment income.
www.foundationinabox.org/guide/tax___legal/reducing_your_excise/file

Life Cycle of a Private Foundation - Unrelated Business Income Tax
Internal Revenue Service
www.irs.gov/charities/foundations/article/0,,id=141362,00.html

Tax Information for Private Foundations and Foundation Managers (PDF)
Internal Revenue Service
www.irs.gov/pub/irs-pdf/p578.pdf

Twenty Questions Your Tax Advisor Should Ask
Council on Foundations
www.cof.org/files/documents/education_collaborations/PF_-_Twenty_Questions_(link)_Public.doc

Private Foundation Audit & Tax Preparation Checklist (PDF)
Council on Foundations
A checklist of private foundation schedules and other information required prior to an audit examination and tax preparation.
www.cof.org/files/Documents/Education_Collaborations/Audit%20Conference%20Call%20Handouts/Example_PBC_List-HANDOUT_5.pdf

Megan Wentworth

Income Tax Regulations Addressing Public Discolsure by Tax-Exempt Organizations (PDF)

Council on Foundations

http://www.cof.org/files/documents/legal/irs/regulations.pdf

Telephone Assistance for Exempt Organizations, Retirement Plan Administrators, and Government Entities:
Toll-Free, 1-877-829-5500
Hours of Operation: Monday – Friday, 7:30 a.m. to 5:30 p.m. Central Time. Some specific services are not available during the full hours of operation. Exceptions are as follows:

• Complex tax law calls are answered Monday – Friday 7:30 a.m. to 3:30 p.m. Central Time.
• Basic Employer Plans (EP) tax law calls are answered 7:30 a.m. to 4:30 p.m. Central Time.

For Additional Resources, please see the Internal Revenue section of the Grantmakers of Oregon and Southwest Washington website: