Form 990 Schedule B
Instructions - Schedule of Contributors

Who needs to File 990 Schedule B?

The organizations that are required to complete 990 Schedule B must meet either the 'General Rule' or one of the
'Special Rules’'

What Contributions are Reported on 990 Schedule B?

Contributions reportable on Form 990 Schedule B include:

• Contributions
• Grants
• Bequests
• Devises
• Gifts of money or property

These contributions should be reported regardless of whether they are designated for charitable purposes.

How to Complete Schedule B for Form 990,
990-EZ, 990-PF?

Initially, Form 990 Schedule B requires organizations to provide basic information, including:

Also required to indicate whether the organization is covered by the general rule or a special rule

Following this, organizations must provide detailed information about the contributions they received in three distinct sections:

The specific requirements for completing each part will depend on the applicable rules for
your organization.

Part I - Contributors

Who are Contributors?

A contributor is an individual or entity that provides financial support or assets to an organization. Contributors include individuals, fiduciaries, partnerships, corporations, associations, trusts, exempt organizations, or governmental units.

In this section, you are required to report details for contributors who have given $5,000 or more in the form of contributions, grants, bequests, devises, or gifts of money or property. This includes:

• Name and Address
• Total contributions
• Type of contribution (Person, payroll, Noncash)

Organizations other than Section 501(c)(3) organizations (including Section 4947(a)(1) nonexempt charitable trusts and nonexempt private foundations described in Section 6033(d)) and Section 527 political organizations are not required to report the names and addresses of the contributors and can enter “N/A” instead.

Part II - Noncash Property

What is a Noncash property?

Noncash property refers to assets other than cash that are donated to an organization. This can include tangible items such as real estate, equipment, vehicles, artwork, and other physical goods, as well as intangible assets like stocks or intellectual property.

This part requires you to report information regarding the noncash properties your organization received as contributions during the tax year.

The details required to be reported in this part include:

• Description of the noncash property given
• Fair Market Value (FMV) of the property
• Date when the property was received

Part III - Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any
one contributor

What are exclusively religious, charitable contributions?

These are contributions or gifts to a corporation, trust, community chest, fund, or foundation organized and operated exclusively for religious and charitable purposes. Such contributions are intended to support activities aligning with the organization's mission of providing the community with religious, charitable, or similar benefits.

This part requires you to report contributions exceeding $1,000 your organization has received exclusively for religious, charitable, or similar purposes.

Here are the details you need to enter:

• Purpose of gift
• Use of gift
• Description of how the gift is held
• Transfer of gift (If you have transferred the gift to another organization)

• Transferee’s name, address, and ZIP
• Relationship between transferor and transferee

Tax990 Includes Form 990, 990-EZ, and 990-PF Schedule B for Free!

By e-filing with Tax 990, Form 990 Schedule B will be automatically included with your submission at no extra cost, based on the information you provide.

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