Free 2008 Form 4720 - Federal

Form

4720

Return of Certain Excise Taxes Under Chapters 41 and 42 of the Internal Revenue Code
(Sections 170(f)(10), 664(c)(2), 4911, 4912, 4941, 4942, 4943, 4944, 4945, 4955, 4958, 4965, 4966, and 4967) See separate instructions.
, 2008, and ending , 20

OMB No. 1545-0052

Department of the Treasury Internal Revenue Service

2008

For calendar year 2008 or other tax year beginning Name of organization or entity

Employer identification number

. . . .

Number, street, and room or suite no. (or P.O. box if mail is not delivered to street address)

Check box for type of annual return: Form 990 Form 990-EZ

City or town, state, and ZIP code

Form 990-PF Form 5227

Yes No A B Is the organization a foreign private foundation within the meaning of section 4948(b)? Has corrective action been taken on any taxable event that resulted in Chapter 42 taxes being reported on this form? (Enter "N/A" if not applicable) If "Yes," attach a detailed description and documentation of the corrective action taken and, if applicable, enter the fair market value of any property recovered as a result of the correction $ . If "No," (i.e., any uncorrected acts, or transactions), attach an explanation (see page 4 of the instructions).

Part I
1 2 3 4 5 6 7 8 9 10 11 12

Taxes on Organization (Sections 170(f)(10), 664(c)(2), 4911(a), 4912(a), 4942(a), 4943(a), 4944(a)(1), 4945(a)(1), 4955(a)(1), 4965(a)(1), and 4966(a)(1))
1 2 3 4 5 6 7 8 9 10 11 12

Tax on undistributed income--Schedule B, line 4 Tax on excess business holdings--Schedule C, line 7 Tax on investments that jeopardize charitable purpose--Schedule D, Part I, column (e) Tax on taxable expenditures--Schedule E, Part I, column (g) Tax on political expenditures--Schedule F, Part I, column (e) Tax on excess lobbying expenditures--Schedule G, line 4 Tax on disqualifying lobbying expenditures--Schedule H, Part I, column (e) Tax on premiums paid on personal benefit contracts Tax on being a party to prohibited tax shelter transactions--Schedule J, Part I, column (h) Tax on taxable distributions--Schedule K, Part I, column (f) Tax on a charitable remainder trust's unrelated business taxable income. Attach schedule Total (add lines 1­11)

Part II-A
a b c d

Taxes on Managers, Self-Dealers, Disqualified Persons, Donors, Donor Advisors, and Related Persons (Sections 4912(b), 4941(a), 4944(a)(2), 4945(a)(2), 4955(a)(2), 4958(a), 4965(a)(2), 4966(a)(2), and 4967(a))
(a) Name and address of person subject to tax (b) Taxpayer identification number

(c) Tax on self-dealing--Schedule A, Part II, col. (d), and Part III, col. (d)

(d) Tax on investments that jeopardize charitable purpose--Schedule D, Part II, col. (d)

(e) Tax on taxable expenditures-- Schedule E, Part II, col. (d)

(f) Tax on political expenditures-- Schedule F, Part II, col. (d)

a b c d Total
(g) Tax on disqualifying lobbying expenditures--Schedule H, Part II, col. (d) (h) Tax on excess benefit transactions--Schedule I, Part II, col. (d), and Part III, col. (d) (i) Tax on being a party to prohibited tax shelter transactions--Schedule J, Part II, col. (d) (j) Tax on taxable distributions-- Schedule K, Part II, col. (d)

a b c d Total
(k) Tax on prohibited benefits--Sch L, Part II, col. (d), and Part III, col. (d)

(l) Total--Add cols. (c) through (k)

a b c d Total
For Privacy Act and Paperwork Reduction Act Notice, see page 15 of the instructions.
Cat. No. 13021D Form

4720

(2008)

Form 4720 (2008)

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Part II-B
1

Summary of Taxes (See Tax Payments on page 3 of the instructions.)

2

Enter the taxes listed in Part II-A, column (l), that apply to managers, self-dealers, disqualified persons, donors, donor advisors, and related persons who sign this form. If all sign, enter the total amount from Part II-A, column (l) Total tax. Add Part I, line 12, and Part II-B, line 1. (Make check(s) or money order(s) payable to the United States Treasury.)

1 2

Part I
(a) Act number

SCHEDULE A--Initial Taxes on Self-Dealing (Section 4941) Acts of Self-Dealing and Tax Computation
(b) Date of act (c) Description of act

1 2 3 4 5
(d) Question number from Form 990-PF, Part VII-B, or Form 5227, Part VI-B, applicable to the act (e) Amount involved in act (f) Initial tax on self-dealing (10% of col. (e)) (g) Tax on foundation managers (if applicable) (lesser of $20,000 or 5% of col. (e))

Part II

Summary of Tax Liability of Self-Dealers and Proration of Payments
(a) Names of self-dealers liable for tax (b) Act no. from Part I, col. (a) (c) Tax from Part I, col. (f), or prorated amount (d) Self-dealer's total tax liability (add amounts in col. (c)) (see page 6 of the instructions)

Part III

Summary of Tax Liability of Foundation Managers and Proration of Payments
(a) Names of foundation managers liable for tax (b) Act no. from Part I, col. (a) (c) Tax from Part I, col. (g), or prorated amount (d) Manager's total tax liability (add amounts in col. (c)) (see page 6 of the instructions)

SCHEDULE B--Initial Tax on Undistributed Income (Section 4942)
1 2 3 4 Undistributed income for years before 2007 (from Form 990-PF for 2008, Part XIII, line 6d) Undistributed income for 2007 (from Form 990-PF for 2008, Part XIII, line 6e) Total undistributed income at end of current tax year beginning in 2008 and subject to tax under section 4942 (add lines 1 and 2) Tax--Enter 30% of line 3 here and on page 1, Part I, line 1 1 2 3 4
Form

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Form 4720 (2008)

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SCHEDULE C--Initial Tax on Excess Business Holdings (Section 4943) Business Holdings and Computation of Tax
If you have taxable excess holdings in more than one business enterprise, attach a separate schedule for each enterprise. Refer to the instructions on page 7 for each line item before making any entries.
Name and address of business enterprise

Employer identification number Form of enterprise (corporation, partnership, trust, joint venture, sole proprietorship, etc.)
(a) Voting stock (profits interest or beneficial interest) (b) Value (c) Nonvoting stock (capital interest)

1 2 3 4

Foundation holdings in business enterprise Permitted holdings in business enterprise Value of excess holdings in business enterprise Value of excess holdings disposed of within 90 days; or, other value of excess holdings not subject to section 4943 tax (attach explanation) Taxable excess holdings in business enterprise-- line 3 minus line 4 Tax--Enter 10% of line 5 Total tax--Add amounts on line 6, columns (a), (b), and (c); enter total here and on page 1, Part I, line 2

1 2 3

% %

% %

4 5 6 7

5

6 7

SCHEDULE D--Initial Taxes on Investments That Jeopardize Charitable Purpose (Section 4944) Part I Investments and Tax Computation
(a) Investment number (b) Date of investment (c) Description of investment (d) Amount of investment (e) Initial tax on foundation (10% of col. (d)) (f) Initial tax on foundation managers (if applicable)-- (lesser of $10,000 or 10% of col. (d))

1 2 3 4 5 Total--column (e). Enter here and on page 1, Part I, line 3 Total--column (f). Enter total (or prorated amount) here and in Part II, column (c), below

Part II

Summary of Tax Liability of Foundation Managers and Proration of Payments
(a) Names of foundation managers liable for tax (b) Investment no. from Part I, col. (a) (c) Tax from Part I, col. (f), or prorated amount (d) Manager's total tax liability (add amounts in col. (c)) (see page 10 of the instructions)

Form

4720

(2008)

Form 4720 (2008)

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4

Part I
(a) Item number

SCHEDULE E--Initial Taxes on Taxable Expenditures (Section 4945) Expenditures and Computation of Tax
(b) Amount (c) Date paid or incurred (d) Name and address of recipient (e) Description of expenditure and purposes for which made

1 2 3 4 5
(f) Question number from Form 990-PF, Part VII-B, or Form 5227, Part VI-B, applicable to the expenditure (g) Initial tax imposed on foundation (20% of col. (b)) (h) Initial tax imposed on foundation managers (if applicable)--(lesser of $10,000 or 5% of col. (b))

Total--column (g). Enter here and on page 1, Part I, line 4 Total--column (h). Enter total (or prorated amount) here and in Part II, column (c), below

Part II

Summary of Tax Liability of Foundation Managers and Proration of Payments
(a) Names of foundation managers liable for tax (b) Item no. from Part I, col. (a) (c) Tax from Part I, col. (h), or prorated amount (d) Manager's total tax liability (add amounts in col. (c)) (see page 10 of the instructions)

Part I
(a) Item number

SCHEDULE F--Initial Taxes on Political Expenditures (Section 4955) Expenditures and Computation of Tax
(b) Amount (c) Date paid or incurred (d) Description of political expenditure (e) Initial tax imposed on organization or foundation (10% of col. (b)) (f) Initial tax imposed on managers (if applicable) (lesser of $5,000 or 21/ 2% of col. (b))

1 2 3 4 5 Total--column (e). Enter here and on page 1, Part I, line 5 Total--column (f). Enter total (or prorated amount) here and in Part II, column (c), below

Part II

Summary of Tax Liability of Organization Managers or Foundation Managers and Proration of Payments
(a) Names of organization managers or foundation managers liable for tax (b) Item no. from Part I, col. (a) (c) Tax from Part I, col. (f), or prorated amount (d) Manager's total tax liability (add amounts in col. (c)) (see page 11 of the instructions)

Form

4720

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Form 4720 (2008)

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SCHEDULE G--Tax on Excess Lobbying Expenditures (Section 4911)
1 Excess of grassroots expenditures over grassroots nontaxable amount (from Schedule C (Form 990 or 990-EZ), Part II-A, column (b), line 1h). (See page 11 of the instructions before making entry.) Excess of lobbying expenditures over lobbying nontaxable amount (from Schedule C (Form 990 or 990-EZ), Part II-A, column (b), line 1i). (See page 11 of the instructions before making entry.) Taxable lobbying expenditures--enter the larger of line 1 or line 2 Tax--Enter 25% of line 3 here and on page 1, Part I, line 6

1 2 3 4

2

3 4

Part I
(a) Item number

SCHEDULE H--Taxes on Disqualifying Lobbying Expenditures (Section 4912) Expenditures and Computation of Tax
(b) Amount (c) Date paid or incurred (d) Description of lobbying expenditures (e) Tax imposed on organization (f) Tax imposed on organization managers (if applicable)-- (5% of col. (b)) (5% of col. (b))

1 2 3 4 5 Total--column (e). Enter here and on page 1, Part I, line 7 Total--column (f). Enter total (or prorated amount) here and in Part II, column (c), below

Part II

Summary of Tax Liability of Organization Managers and Proration of Payments
(a) Names of organization managers liable for tax (b) Item no. from Part I, col. (a) (c) Tax from Part I, col. (f), or prorated amount (d) Manager's total tax liability (add amounts in col. (c)) (see page 11 of the instructions)

Part I
(a) Transaction number

SCHEDULE I--Initial Taxes on Excess Benefit Transactions (Section 4958) Excess Benefit Transactions and Tax Computation
(b) Date of transaction (c) Description of transaction

1 2 3 4 5
(d) Amount of excess benefit (e) Initial tax on disqualified persons (25% of col. (d)) (f) Tax on organization managers (if applicable) (lesser of $20,000 or 10% of col. (d))

Form

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Form 4720 (2008)

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Part II

SCHEDULE I--Initial Taxes on Excess Benefit Transactions (Section 4958) Continued Summary of Tax Liability of Disqualified Persons and Proration of Payments
(a) Names of disqualified persons liable for tax (b) Trans. no. from Part I, col. (a) (c) Tax from Part I, col. (e), or prorated amount (d) Disqualified person's total tax liability (add amounts in col. (c)) (see page 13 of the instructions)

Part III

Summary of Tax Liability of 501(c)(3) & (4) Organization Managers and Proration of Payments
(b) Trans. no. from Part I, col. (a) (c) Tax from Part I, col. (f), or prorated amount (d) Manager's total tax liability (add amounts in col. (c)) (see page 13 of the instructions)

(a) Names of 501(c)(3) & (4) organization managers liable for tax

Part I
(a) Transaction number

SCHEDULE J--Taxes on Being a Party to Prohibited Tax Shelter Transactions (Section 4965) Prohibited Tax Shelter Transactions (PTST) and Tax Imposed on the Tax-Exempt Entity (see page 13 of the instructions)
(b) Transaction date (c) Type of transaction 1--Listed 2--Subsequently listed 3--Confidential 4--Contractual protection

(d) Description of transaction

1 2 3 4 5
(e) Did the tax-exempt entity know or have reason to know this transaction was a PTST when it became a party to the trans.? Answer Yes or No (f) Net income attributable to the PTST (g) 75% of proceeds attributable to the PTST (h) Tax imposed on the tax-exempt entity (see page 14 of the instructions)

Total--column (h). Enter here and on page 1, Part I, line 9
Form

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Form 4720 (2008)

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Part II

Tax Imposed on Entity Managers (Section 4965) Continued
(a) Name of entity manager (b) Transaction number from Part I, col. (a) (c) Tax--enter $20,000 for each transaction listed in col. (b) for each manager in col. (a) (d) Manager's total tax liability (add amounts in col. (c))

SCHEDULE K--Taxes on Taxable Distributions of Sponsoring Organizations Maintaining Donor Advised Funds (Section 4966). See page 14 of the instructions. Part I Taxable Distributions and Tax Computation
(a) Item number (b) Name of sponsoring organization and donor advised fund (c) Description of distribution

1 2 3 4
(d) Date of distribution (e) Amount of distribution (f) Tax imposed on organization (20% of col. (e)) (g) Tax on fund managers (lesser of 5% of col. (e) or $10,000)

Total--column (f). Enter here and on page 1, Part I, line 10 Total--column (g). Enter total (or prorated amount) here and in Part II, column (c), below

Part II

Summary of Tax Liability of Fund Managers and Proration of Payments
(a) Name of fund managers liable for tax (b) Item no. from Part I, col. (a) (c) Tax from Part I, col. (g) or prorated amount (d) Manager's total tax liability (add amounts in col. (c)) (see instructions)

Form

4720

(2008)

Form 4720 (2008)

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8

SCHEDULE L--Taxes on Prohibited Benefits Distributed From Donor Advised Funds (Section 4967). See page 14 of the instructions. Part I Prohibited Benefits and Tax Computation
(a) Item number (b) Date of prohibited benefit (c) Description of benefit

1 2 3 4 5
(d) Amount of prohibited benefit (e) Tax on prohibited benefit (125% of col. (d)) (see instructions) (f) Tax on fund managers (if applicable) (lesser of 10% of col. (d) or $10,000) (see instructions)

Part II

Summary of Tax Liability of Donors, Donor Advisors, Related Persons and Proration of Payments
(b) Item no. from Part I, col. (a) (c) Tax from Part I, col. (e) or prorated amount (d) Donor, donor advisor, or related persons total tax liability (add amounts in col. (c)) (see instructions)

(a) Names of donors, donor advisor, or related persons liable for tax

Part III

Tax Liability of Fund Managers and Proration of Payments
(b) Item no. from Part I, col. (a) (c) Tax from Part I, col. (f) or prorated amount (d) Fund managers total tax liability (add amounts in col. (c)) (see instructions)

(a) Names of fund managers liable for tax

Form

4720

(2008)

Form 4720 (2008)

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9

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

Signature of officer or trustee

Title

Date

Signature (and organization or entity name if applicable) of manager, self-dealer, disqualified person, donor, donor advisor, or related person

Date

Sign Here
Signature (and organization or entity name if applicable) of manager, self-dealer, disqualified person, donor, donor advisor, or related person Date

Signature (and organization or entity name if applicable) of manager, self-dealer, disqualified person, donor, donor advisor, or related person

Date

Signature (and organization or entity name if applicable) of manager, self-dealer, disqualified person, donor, donor advisor, or related person Date Preparer's signature Firm's name (or yours if self-employed), address, and ZIP code Check if selfemployed

Date Preparer's SSN or PTIN

Paid Preparer's Use Only

EIN Phone no. ( ) Form

4720

(2008)