PDF document

- 1 -

Userid: CPM Schema: Leadpct: 100% Pt. size: 9.5 Draft Ok to Print
instrx
AH XSL/XML Fileid: … s/i990schd/2023/a/xml/cycle02/source (Init. & Date) _______

Page 1 of 6 13:04 - 9-Aug-2023

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Department of the Treasury
Internal Revenue Service
2023

Instructions for Schedule D

(Form 990)

Supplemental Financial Statements

Section references are to the Internal Revenue Code unless advised fund or account because of the donor's status as
otherwise noted. a donor.
Note. Donor advised funds aren't limited to funds or
Future Developments accounts that meet the definition of “funds” under generally
For the latest information about developments related to accepted accounting principles.
Schedule D (Form 990) and its instructions, such as Exceptions. A donor advised fund doesn't include any
legislation enacted after they were published, go to IRS.gov/ fund or account:
Form990. 1. That makes distributions only to a single identified
organization or governmental entity; or
General Instructions
Note. Terms in bold are defined in the Glossary of the 2. In which a donor or donor advisor gives advice about
Instructions for Form 990, Return of Organization Exempt which individuals receive grants for travel, study, or other
From Income Tax. similar purposes, if:
Purpose of Schedule a. The donor’s or donor advisor's advisory privileges
are performed exclusively by such person in his or
Schedule D (Form 990) is used by an organization that files her capacity as a member of a committee in which all
Form 990 to provide the required reporting for donor of the committee members are appointed by the
advised funds conservation easements, , certain art and sponsoring organization;
museum collections, escrow or custodial accounts or
arrangements, endowment funds, and supplemental b. No combination of donors or donor advisors (and
financial information. related persons, defined next) directly or indirectly
control the committee; and
Who Must File
c. All grants from the fund or account are awarded on
An organization that answered “Yes” to any of lines 6 through an objective and nondiscriminatory basis following a
12a on Form 990, Part IV, Checklist of Required Schedules, procedure approved in advance by the board of
must complete the appropriate part(s) of Schedule D (Form directors of the sponsoring organization. The
990) and attach the schedule to Form 990. An organization procedure must be designed to ensure that all grants
that answered “Yes” on Form 990, Part IV, line 12b, can meet the requirements of section 4945(g)(1), (2), or
complete Parts XI and XII of Schedule D (Form 990), but isn't (3); or
required to do so.
3. That the Secretary exempts from being treated as a
If an organization isn't required to file Form 990 but donor advised fund because either such fund or account
chooses to do so, it must file a complete return and provide is advised by a committee not directly or indirectly
all of the information requested, including the required controlled by the donor or any person appointed or
schedules. designated by the donor for the purpose of advising with
respect to distributions from such fund (and any related
parties), or because such fund benefits a single
Specific Instructions
identified charitable purpose.
Part I. Organizations Maintaining See Notice 2006-109, 2006-51 I.R.B. 1121, available at
Donor Advised Funds or Other IRS.gov/irb/2006-51_IRB/ar11.html, modified by Notice
2014-4, 2014-2 I.R.B. 274.
Similar Funds or Accounts A person related to a donor or donor advisor includes any
Complete Part I if the organization answered “Yes” on Form family member (as defined in section 4958(f)(4)) of the donor
990, Part IV, line 6. or donor advisor and any 35% controlled entity (as defined
Generally, a donor advised fund is a fund or account: in section 4958(f)(3)) of the donor, donor advisor, or their
family members.
1. That is separately identified by reference to
contributions of a donor or donors, Column (a). Complete for all donor advised funds held at
2. That is owned and controlled by a sponsoring any time during the tax year by the organization as a
organization, and sponsoring organization.
3. For which the donor or donor advisor has or Column (b). Complete for each similar fund or account held
reasonably expects to have advisory privileges in the by the organization at any time during the tax year over which
distribution or investment of amounts held in the donor a donor, or person appointed by the donor, had advisory
privileges for distribution or investment of amounts held in

Aug 9, 2023 Cat. No. 51527M

- 2 -

Page 2 of 6 Fileid: … s/i990schd/2023/a/xml/cycle02/source 13:04 - 9-Aug-2023

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

such fund or account, but which isn't a donor advised fund. acquired after July 25, 2006, and not on a historic structure
Examples of other similar funds or accounts include the listed in the National Register.
funds or accounts listed in Exceptions above, as well as
Line 3. To be eligible for a federal charitable income tax
funds otherwise prescribed by statute as excepted from the
deduction for the donation of a conservation easement to a
meaning of a donor advised fund.
qualified organization, the easement must be granted in
Line 1. Report in column (a) the total number of donor perpetuity.
advised funds and in column (b) the total number of other Enter the total number of conservation easements held by
similar funds or accounts held by the organization at the end the organization that were modified, transferred, released,
of the year. extinguished, or terminated, in whole or in part, during the tax
Line 2. Report in column (a) the aggregate value of year. For example, if two easements were modified and one
contributions during the year to all donor advised funds easement was terminated during the tax year, enter the
and in column (b) the aggregate value of contributions during number 3.
the year to all other similar funds or accounts held by the For each easement modified, transferred, released,
organization. extinguished, or terminated, in whole or in part, explain the
Line 3. Report in column (a) the aggregate value of grants changes in Part XIII. Tax exemption may be undermined by
made during the year from all donor advised funds and in the modification, transfer, release, extinguishment, or
column (b) the aggregate value of grants made during the termination of an easement.
year from all other similar funds or accounts held by the For purposes of this Schedule D reporting requirement, an
organization. Report both grants outside the organization and easement is modified when its terms are amended or altered
transfers within the organization. in any manner. For example, if the deed of easement is
amended to increase the amount of land subject to the
Line 4. Report in column (a) the aggregate value at the end easement or to add, alter, or remove restrictions regarding
of the year of all donor advised funds and in column (b) the the use of the property subject to the easement, the
aggregate value at the end of the year of all other similar easement is modified. An easement is transferred if, for
funds or accounts held by the organization. example, the organization assigns, sells, releases,
Part II. Conservation Easements quitclaims, or otherwise disposes of the easement whether
with or without consideration. An easement is released,
Complete Part II if the organization answered “Yes” on Form extinguished, or terminated when it is condemned,
990, Part IV, line 7. extinguished by court order, transferred to the land owner, or
In addition to reporting on conservation easements, also in any way rendered void and unenforceable, in each case
report in Part II other interests in real property that under state whether in whole or in part. An easement is also released,
law have attributes similar to a conservation easement and extinguished, or terminated when all or part of the property
are established for the purpose of conservation and subject to the easement is removed from the protection of the
preservation (for example, certain restrictive covenants and easement in exchange for the protection of some other
equitable servitudes). Don't report utility easements. property or cash to be used to protect some other property.
Line 1. Check the box for the purpose or purposes for which The categories described in the preceding paragraph are
the organization held the easement(s) during the tax year. provided for convenience purposes only and aren't to be
Check all that apply. considered legally binding or mutually exclusive. For
example, a modification may also involve a transfer and an
Line 2. Provide an answer for each item. extinguishment, depending on the circumstances. Use of a
Line 2a. Enter the total number of conservation synonym for any of these terms doesn't avoid the application
easements held by the organization at the end of the tax of the reporting requirement. For example, calling an action a
year. This shouldn't be an estimate or a rounded number. “swap” or a “boundary line adjustment” doesn't mean the
Line 2b. Enter the total acreage restricted by action isn't also a modification, transfer, or extinguishment.
conservation easements held by the organization at the
end of the tax year. Compute the total acreage by adding Line 4. Enter the total number of states where property is
together all the acres of land subject to all the easements located and subject to a conservation easement held by
held as of the end of the tax year. Don't include conservation the organization during the tax year.
easements on certified historic structures. Acreage can be Line 5. A qualified organization must have a commitment to
expressed in decimal points for properties subject to protect the conservation purposes of the easement, and have
easements where the acreage consists of less than whole the resources to enforce the restrictions. Report whether the
numbers. For example, two and one-half acres can be organization has a written policy or policies about how the
expressed as 2.5 acres. organization will monitor, inspect, and handle violations, and
Line 2c. Enter the number of conservation easements how it will enforce conservation easements. If “Yes,” briefly
on certified historic structures held by the organization at summarize such policy or policies in Part XIII. Also, indicate
the end of the tax year. whether such policy or policies are reflected in the
A certified historic structure is any building or structure organization's easement documents. Monitoring means the
listed in the National Register of Historic Places as well as organization investigates the use or condition of the real
any building certified as being of historic significance to a property restricted by the easement to determine if the
registered historic district. See section property owner is adhering to the restrictions imposed by the
170(h)(4)(B) for special rules that apply to contributions of terms of the easement to ensure the conservation purpose of
conservation easements on certified historic structures in the easement is being achieved. Inspection means an onsite
registered historic districts. visit to observe the property to carry out a monitoring
Line 2d. Enter the number of conservation easements purpose. Enforcement of an easement means action taken
included in the answer to line 2c that the organization by the organization after it discovers a violation to compel a

-2- 2023 Instructions for Schedule D (Form 990)

- 3 -

Page 3 of 6 Fileid: … s/i990schd/2023/a/xml/cycle02/source 13:04 - 9-Aug-2023

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

property owner to adhere to the terms of the conservation Lines 1 and 2. Pursuant to FASB ASC 958, certain
easement. Such activities can include communications with organizations can choose one of two methods to report
the property owner explaining his or her obligations with collections of works of art historical treasures, , or other
respect to the easement, arbitration, or litigation. similar assets held for public exhibition, education, or
Line 6. Enter the total number of hours devoted during the research in furtherance of public service. An organization that
tax year to monitoring, inspecting, and enforcing doesn't recognize and capitalize its collections for financial
conservation easements, as those terms are defined in the statement purposes will report its collections on the face of its
instructions for line 5 above. Include the hours devoted to this statement of activities, separately from revenues, expenses,
purpose by any of the organization's paid or unpaid staff and gains, losses, and assets. An organization that recognizes
by any of the organization's agents or independent and capitalizes its collections for financial statement
contractors. purposes will report its collections as assets and revenues
based upon its fair value measurement. Line 1 pertains to
Line 7. Enter the total amount of expenses incurred by the collection items held by the organization in furtherance of
organization during the tax year to monitor, inspect, and public service, and line 2 pertains to collection items held by
enforce the conservation easements it held during the year the organization for financial gain, as those terms are
as those terms are defined in the instructions for line 5. described in FASB ASC 958.
Line 8. Answer “Yes” if each of the organization's façade Line 1a. If an organization has elected not to capitalize its
easements acquired after July 25, 2006, satisfies the collections, then provide in Part XIII the footnote(s) to the
requirements of sections 170(h)(4)(B)(i) and 170(h)(4)(B)(ii). organization's financial statements that describes these
Section 170(h)(4)(B)(i) requires each façade easement collection items.
donated after July 25, 2006, to include a restriction that Line 1b. If an organization has elected to capitalize its
preserves the entire exterior of the building, including the collections, provide on line 1b(i) the revenue relating to its
front, sides, rear, and height of the building, and to prohibit collection items that is reported on Form 990, Part VIII, line 1.
any change in the exterior of the building that is inconsistent Also, provide on line 1b(ii) the value of the organization's
with the historical character of such exterior. collection items reported as total assets on Form 990.
Section 170(h)(4)(B)(ii) requires the donor and donee to Line 2. If an organization has received or held collections for
enter into a written agreement certifying, among other things, financial gain, provide on line 2a the revenue reported as to
that the donee organization has the resources to manage these collection items from the total revenue included on
and enforce the restriction and a commitment to do so. Form 990, Part VIII, line 1. Also, provide on line 2b the asset
value assigned to these collection items, which value should
Line 9. Enter in Part XIII a description of how the
also be reported as part of the organization's total assets
organization reports conservation easements in its revenue
reported on Form 990, Part X.
and expense statement and on its balance sheet. Include in
Part XIII, if applicable, the text of the footnote to the Line 3. Based upon the organization's acquisition,
organization's financial statements that describes the accession, and other records, check all boxes that best
organization's accounting for conservation easements and describe how the organization utilizes its collections,
the basis for its reporting position (see Financial Accounting including the collection's most significant use.
Standards Board (FASB) Accounting Standards Codification Line 4. In Part XIII, provide a description of the
(ASC) 350-30-55-29 to 55-32, Example 10: Easements). organization's collections and explain how these collections
The organization must report any qualified further the organization's exempt purposes.
! conservation contributions including contributions Line 5. Answer “Yes” to line 5 if during the year the
CAUTION of conservation easements in Form 990, Part VIII,
organization solicited or received donations of art historical ,
Statement of Revenue; Schedule A (Form 990 or 990-EZ), treasures, or other similar assets to be sold in order to raise
Public Charity Status and Public Support; Schedule B (Form funds rather than to be maintained as part of the
990, 990-EZ, or 990-PF), Schedule of Contributors; and organization's collection.
Schedule M (Form 990), Noncash Contributions, consistently
with how it reports revenue from such contributions in its Part IV. Escrow and Custodial
books, records, and financial statements.
Arrangements
Part III. Organizations Maintaining Complete Part IV if the organization answered “Yes” on Form
990, Part IV, line 9, or reported an amount on Form 990, Part
Collections of Art, Historical X, line 21.
Treasures, or Other Similar Assets Lines 1a through 1f. If the organization acts as an agent,
Complete Part III if the organization answered “Yes” on Form trustee, custodian, or other intermediary for funds payable to
990, Part IV, line 8. other organizations or individuals and hasn't reported those
amounts on Form 990, Part X, as an asset or liability, check
Organizations that receive contributions of works of art, “Yes” and provide an explanation of the arrangement in Part
historical treasures, and similar assets that don't maintain XIII.
collections as described in the Financial Accounting
Standards Board (FASB) Accounting Standards Codification Organizations that maintain escrow or custodial
(ASC) 958-360-25-2 aren't required to complete Part III, but accounts not reported on Form 990, Part X, must record
may be required to complete Schedule M. increases or decreases in such accounts by completing lines
For lines 1 and 2, refer to FASB ASC 958-360-20 for 1c through 1f.
meanings of the various terms. Example 1. A credit counseling organization that collects
amounts from debtors to remit to creditors holds funds in an

2023 Instructions for Schedule D (Form 990) -3-

- 4 -

Page 4 of 6 Fileid: … s/i990schd/2023/a/xml/cycle02/source 13:04 - 9-Aug-2023

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

escrow or custodial account. If the organization acts as a earnings reported on a gross basis, enter the transaction
go-between and doesn't report these funds as its assets or costs on line 1f.
liabilities on Form 990, Part X, it must report the fund Line 1d. Enter the current year and prior year amounts
balances on lines 1c through 1f. distributed for grants or scholarships.
Example 2. An organization providing down-payment Because scholarships represent direct aid to
assistance that collects amounts from donors to be used TIP individuals, they are distinguished from general
toward the purchase of qualifying housing holds funds in an programmatic aid referenced in line 1e.
escrow or custodial account. If the organization acts as a
go-between and doesn't report these funds as its assets or Line 1e. Enter the current year and prior year amounts
liabilities on Form 990, Part X, it must report the fund distributed for facilities and programs. Amounts on this line
balances on lines 1c through 1f. should include withdrawn amounts, and amounts disinvested
from an organization's quasi-endowments to reduce or
Line 2. If the organization answered “Yes” to line 2a, explain eliminate capital investment.
in Part XIII the arrangements under which the amounts Line 1f. Enter the current year and prior year
reported on Form 990, Part X, line 21, are held, including any administrative expenses charged to the endowment funds.
obligations the organization has to other persons under such These expenses can arise from either internal or third-party
arrangements. sources.
Explain in Part XIII any credit counseling, debt Line 1g. Enter the year-end balances of the organization's
management, credit repair, or debt negotiation services the endowment funds for the current year and prior year. To
organization provided. determine the year-end balances, add lines 1a, 1b, and
investment earnings on line 1c, and subtract line 1c
Part V. Endowment Funds investment losses and the amounts on lines 1d through 1f.
Complete Part V if the organization answered “Yes” on Form
990, Part IV, line 10. For Part V, the definitions of endowment Line 2. On lines 2a through 2c, enter the estimated
and types of endowments are governed by FASB ASC 958. percentage of the organization's total endowment funds at
Information reported in Part V should pertain to the aggregate the current year end (as reported in line 1g, column (a)) held
of the donor-restricted assets held by the organization, in (a) board designated or quasi-endowment funds, (b)
organizations formed and maintained exclusively to further permanent endowment funds, or (c) term endowment funds.
one or more exempt purposes of the organization, and The total of these three percentages should equal 100%. If
organizations that hold endowment funds for the benefit of the organization follows FASB ASC 958, amounts should be
the organization. reported on lines 2a, 2b, and 2c consistent with the
organization’s footnote disclosure under FASB ASC 958-205.
Term endowment includes endowment funds established
by donor-restricted gifts that are maintained to provide a Line 3. Report information on endowment funds not in
source of income for either a specified period of time or until possession of the organization.
a specific event occurs. These funds should be reported as Line 3a(i). Check “Yes” if any of the organization's
“temporarily restricted endowment” for purposes of endowment funds are in the possession of and administered
completing line 2c. by unrelated organizations.
Line 3a(ii). Check “Yes” if any of the organization's
Permanent endowments are endowment funds that are endowment funds are in the possession of and administered
established by donor-restricted gifts and are maintained to by related organizations.
provide a permanent source of income, with the stipulation Line 3b. All related organizations are required to be
that principal must be invested and kept intact in perpetuity, reported on Schedule R (Form 990), Related Organizations
while only the income generated can be used by the and Unrelated Partnerships. Check “Yes” on line 3b if the
organization. organization answered “Yes” to line 3a(ii) and the
Board-designated endowments or organization listed all related organizations referred to on
quasi-endowments result from an internal designation and line 3a(ii) on Schedule R.
are generally not donor-restricted and are classified as net Line 4. Describe in Part XIII the intended uses of the
assets without donor restrictions. The governing board has organization's endowment funds.
the right to decide at any time to expend such funds.
Line 1a. Enter the beginning-of-year balances of the Part VI. Land, Buildings, and
organization's endowment funds for the current year and prior
year. The amounts entered should agree with the Equipment
organization's total permanent endowment, term endowment, Complete Part VI if the organization answered “Yes” on Form
and board or quasi-endowment funds at the beginning of the 990, Part IV, line 11a, and reported an amount on Form 990,
current year and prior year. Part X, line 10a. Reporting is required if any amount other
Line 1b. Enter the amounts of current year and prior year than zero is reported on those lines.
contributions and transfers to the organization's Column (a). Enter the cost or other basis of all land,
endowment funds. These amounts include all donor gifts, buildings, leasehold improvements, equipment, and other
grants, and contributions received, as well as additional fixed assets held for investment purposes, such as rental
funds established by the organization's governing board to properties.
function like an endowment, but that can be expended at any
time at the discretion of the board. Column (b). Enter the cost or other basis of all other land,
Line 1c. Enter the current year and prior year net amounts buildings, leasehold improvements, equipment, and other
of investment earnings, gains, and losses, including both fixed assets held for other than investment purposes,
realized and unrealized amounts. For earnings reported net including any land, buildings, and equipment owned and
of transaction costs, enter the net amount on line 1c. For used by the organization in conducting its exempt activities.

-4- 2023 Instructions for Schedule D (Form 990)

- 5 -

Page 5 of 6 Fileid: … s/i990schd/2023/a/xml/cycle02/source 13:04 - 9-Aug-2023

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

The total amounts reported in columns (a) and (b) must equal Column (c). Indicate whether the investment is listed at cost
the amount reported on Form 990, Part X, line 10a. or end-of-year market value.
Column (c). Enter the accumulated depreciation recorded
for the assets listed in columns (a) and (b). Don't enter an Part IX. Other Assets
amount in column (c) for line 1a, Land. The total of column (c) Complete Part IX if the organization answered “Yes” on Form
must equal the amount reported on Form 990, Part X, 990, Part IV, line 11d, or reported an amount on Form 990,
line 10b. Part X, column (B), line 15, that is 5% or more of the total
assets reported on Form 990, Part X.
Column (d). Enter the sum of column (a) and column (b)
minus column (c). The total of column (d) must equal the Column (a). Enter a description of assets reported on Form
amount reported on Form 990, Part X. 990, Part X, column (B), line 15. The organization can use
any reasonable basis to classify these assets.
Part VII. Investments—Other Column (b). Enter the book value of each asset. The total of
Securities column (b) must equal the amount reported on Form 990,
Complete Part VII if the organization answered “Yes” on Form Part X.
990, Part IV, line 11b, or reported an amount on Form 990,
Part X, that is 5% or more of the total assets reported on Part X. Other Liabilities
Form 990, Part X. Complete Part X if the organization answered “Yes” on Form
990, Part IV, line 11e or line 11f, and either reported an
Other securities to be reported in this part include closely amount on Form 990, Part X, or had financial statements
held stock. They also include (1) publicly traded stock for for the tax year that include a footnote addressing the
which the organization holds 5% or more of the outstanding organization's liability for uncertain tax positions.
shares of the same class, and (2) publicly traded stock in a Organizations are required to separately report all liabilities
corporation that comprised more than 5% of the for federal income taxes and amounts owed to related
organization's total assets at the end of the tax year. List organizations on Part X of this schedule.
each separate class of publicly traded stock held by the
organization that meets either of these 5% ownership tests. Line 1. Other liabilities. In column (a), list each type of
Don't include program-related investments. liability not reported on lines 17 through 24 of Form 990, Part
X. The organization can use any reasonable basis to classify
Column (a). Describe the type of investment. Each class of these liabilities.
publicly traded stock for which the organization holds 5% or
In column (b), enter the book value of each liability. The
more of the outstanding shares must be listed by name and
total of column (b) must equal the amount reported on Form
class, including the number of shares held. Also report all
990, Part X.
publicly traded stock in a corporation that comprised more
than 5% of the organization's total assets at the end of the Line 2. Liability for uncertain tax positions. Every
tax year. organization required to complete Part X must provide the
text of the note in, or footnote to, its financial statements, if
Column (b). Enter the book value of each investment. The
applicable, regarding the organization's liability for uncertain
total of column (b) must equal the amount reported on Form
tax positions under FASB ASC 740, International Financial
990, Part X.
Reporting Standards (IFRS)/International Accounting
Column (c). Indicate whether the investment is listed at cost Standards (IAS) 12 Income Taxes, other country-specific
or end-of-year market value. When reporting securities at accounting standards, or a modified version of any of the
fair market value, use commonly accepted valuation above. This includes, for example, the description of a liability
methods. for unrelated business income tax, or tax that may be
assessed as a result of the revocation of exempt status.
Part VIII. Investments—Program Provide the full text of this note or footnote in Part XIII, even if
Related the organization did not report any liability for uncertain tax
positions in the note or footnote. Any portion of the note or
Complete Part VIII if the organization answered “Yes” on footnote that addresses only the filing organization's liability
Form 990, Part IV, line 11c, and reported an amount on Form must be provided verbatim. The filing organization can
990, Part X, that is 5% or more of the total assets reported on summarize that portion, if any, of a note or footnote that
Form 990, Part X. applies to the liability of multiple organizations, including the
Program-related investments are investments made organization (for example, as a member of a group with
primarily to accomplish the organization's exempt purposes consolidated financial statements), to describe the filing
rather than to produce income. Examples of program-related organization's share of the liability.
investments include student loans and notes receivable from
other exempt organizations that obtained the funds to pursue Parts XI Through XII. Reconciliation of
the filing organization's exempt function. Revenue and Expenses From Form
Column (a). Briefly describe each program-related 990 to Audited Financial Statements
investment on a separate line, including whether the
investment is a loan or equity investment. For investments in Complete Parts XI and XII if the organization answered “Yes”
a domestic organization, identify the organization. on Form 990, Part IV, line 12a. If the organization answered
“Yes” on Form 990, Part IV, line 12b (but answered “No” on
Column (b). Enter the book value of each program-related line 12a), completing Parts XI and XII is optional.
investment. The total of column (b) must equal the amount
reported on Form 990, Part X. If the organization did not receive audited financial
statements for the reporting year for which it is completing

2023 Instructions for Schedule D (Form 990) -5-

- 6 -

Page 6 of 6 Fileid: … s/i990schd/2023/a/xml/cycle02/source 13:04 - 9-Aug-2023

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

this Form 990, it isn't required to complete Part XI or XII, even • Part III, lines 1a and 4 (collections of works of art,
if it prepared Form 990 in accordance with FASB ASC 958. historical treasures, and other similar assets).
Use the reconciliation statements of Parts XI and XII to • Part IV, lines 1b and 2b (escrow or custodial
reconcile the differences between the revenue and expenses arrangements, or credit counseling, debt management,
reported on the organization's audited financial statements credit repair, or debt negotiation services).
prepared in accordance with FASB ASC 958 and the revenue • Part V, line 4 (endowment funds).
and expenses reported on the organization's Form 990. • Part X, line 2 (note or footnote to financial statements
regarding liability for uncertain tax positions).
On line 4a of Parts XI and XII, include only those Part XI, lines 2d and 4b (reconciliation of revenue).
•
investment expenses netted against investment income in Part XII, lines 2d and 4b (reconciliation of expenses).
•
the revenue portion of the organization's audited financial
statements. Don't include program-related investment Also use Part XIII to provide additional narrative
expenses or other expenses reported as program service explanations and descriptions, as needed. Identify the
expenses in the audited statement of activities. specific part and line number that the response supports in
Parts XI and XII don't have to be completed for group the order that it appears on Schedule D (Form 990). Part XIII
returns. can be duplicated if more space is needed.

Part XIII. Supplemental Information
Complete Part XIII to provide narrative information required in
the following.
• Part II, lines 3, 5, and 9 (conservation easements).

-6- 2023 Instructions for Schedule D (Form 990)

PDF file checksum: 3817949116

(Plugin #1/9.12/13.0)