Using Form 990 as a Grantmaking Tool
As part of the grantmaking process, foundations regularly request a completed IRS Form 990 from grant-seekers. In December 2007, the IRS redesigned Form 990 and all nonprofit organizations must now file the revised report. In this session, Molstad will explain the intent of the redesign and lead a review of how the new 990 provides significantly more detailed information on the mission, people, programs, and financial condition of the reporting organization, making it a more useful grant-application-review tool.