Information For...

For you and your family
Standard mileage and other information

Forms and Instructions

Individual Tax Return
Instructions for Form 1040
Request for Taxpayer Identification Number (TIN) and Certification
Request for Transcript of Tax Return

 

Employee's Withholding Allowance Certificate
Employer's Quarterly Federal Tax Return
Employers engaged in a trade or business who pay compensation
Installment Agreement Request

Popular For Tax Pros

Amend/Fix Return
Apply for Power of Attorney
Apply for an ITIN
Rules Governing Practice before IRS

Terms of Grants - Private Foundation Expenditure Responsibility

To meet the expenditure responsibility requirements, each grant must be made subject to a written commitment signed by an appropriate officer, director or trustee of the grantee organization. This commitment must include the following agreements by the grantee:

1.To repay any amount not used for the purposes of the grant,
2.To submit full and complete annual reports to the grantor foundation on the manner in which the funds are spent and the progress made in accomplishing the purposes of the grant,
3.To keep records of receipts and expenditures and to make its books and records available to the grantor at reasonable times and
4.Not to use any of the funds to influence legislation, to influence the outcome of elections, to carry on voter registration drives, to make grants to individuals or other organizations or to undertake any nonexempt activity, when such use of the funds would be a taxable expenditure if made directly by the foundation.

 


Return to Life Cycle of a Private Foundation