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Valuing Assets - Private Foundation Minimum Investment Return: Asset Held for Less than One Year

If an asset is held for less than one tax year, the value of that asset is found by multiplying the fair market value of the asset by a fraction. The numerator of the fraction is the number of days in the tax year that the foundation held the asset, and the denominator is the total number of days in the tax year.

Page Last Reviewed or Updated: 31-Aug-2016