Audits, Accounting, and Completing the 990-PF Form

What questions should we ask our auditors? What are our fiduciary responsibilities as family foundation board members? What common mistakes do foundations make when completing the 990-PF? This Content Collection provides comprehensive but concise answers to these questions and many more.

Compliance Checklists

Checklist of fiduciary responsibilities

Sample

Check this: A compliance checklist for private foundations

Tool

Audits and Accounting

What Questions Should We Ask Our Auditors?

Article

Audit Committee Charter (the Wallace Foundation)

Sample

Have We Properly Verified the Tax-Exempt Status of Our Grantees?

Article

How Long Should a Foundation Keep Grantee Reports?

Ask the Center

Completing and Managing 990-PFs

10 General Guidelines for Greater Foundation Transparency

Article

The 990-PF in a Nutshell: What You Need to Know

Article

What You Should Know Before Signing Your Organization’s Form 990-PF

Article

10 Common Errors to Avoid in Completing a Private Foundation’s Form 990-PF

Report

Making your form 990-PF public and available

Tool

What are the disclosure requirements from the IRS regarding Form 990-PF?

Ask the Center