Susan
@Susan
•
Active 3 weeks ago
Forum Replies Created
-
Susan
MemberMarch 4, 2026 at 5:33 pm in reply to: Donation for the design, construction and outfitting of a new buildingAngie, You do not need to wait until the building is in service; as long as the restriction is satisfied (the design or construction etc.), you can release the funds (ASC 958-605-45-2).
-
Correction…the names/addresses on the Schedule B are redacted, but the amounts are provided in a public disclosure (private foundations, and other types of nonprofits may have different requirements–check w/ the IRS).
-
Michael, my understanding is:
1. on page one of the full 990, Part II (signature block), by signing the signer agrees to the perjury statement.
2. schedule B is not included in a public disclosure version of the 990, so neither donor names, addresses, or amounts are shared with the general public.
-
Susan
MemberOctober 29, 2024 at 10:24 am in reply to: Comparative Benchmarks and Performance Measures ???Great analogy!