Using Form 990 as a Grantmaking Tool

Tuesday, September 14, 2:00 EDT/ 11:00 PDT [PASSED]
Coleith Molstad, Executive Director, The Roy F. and Joann Cole Mitte Foundation

Session 6 of the 6-part  2010 Web Conference Series
Video of this presentation is available here.

Description:

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.

Presenter Bio:

Coleith Molstad recently joined The Roy F. and Joann Cole Mitte Foundation as Executive Director. Prior to assuming this position, she spent most of her 25-year career serving the nonprofit community in Austin, TX. Following 15 years in public accounting, where she managed the nonprofit tax practice of Maxwell, Locke and Ritter, p.c., she held the Controller position at RGK Foundation. She has served on a number of local non-profit boards and is currently on the Education Committee of the Conference of Southwest Foundations. She holds a B.S. in Biomedical Science and a M.S. in Accounting, both from Texas A&M University.