Instructions For Form 5227 (Page 7 of 12) in pdf

For each outstanding loan or other receivable that

rather than itemized. Obligations of state and municipal

must be reported separately, the attached schedule

governments may also be reported as a lump-sum total.

should use a columnar format and show the following

Do not combine U.S. Government obligations with state

information.

and municipal obligations on the attached schedule.

•

Borrower’s name and title.

•

Line 33—Investments—Land, Buildings,

Original amount.

•

Balance due.

and Equipment

•

Date of note.

Enter the book value (cost or other basis less

•

Maturity date.

accumulated depreciation) of all land, buildings, and

•

Repayment terms.

equipment held for investment purposes, such as rental

•

Interest rate.

properties. Attach a schedule listing these investment

•

Security provided by the borrower.

fixed assets held at the end of the year and showing, for

•

Purpose of the loan.

each item or category listed, the cost or other basis,

•

Description and FMV of the consideration furnished by

accumulated depreciation, and book value.

the lender.

Line 34—Investments—Other

The above detail is not required for receivables or

travel advances that may be reported as a single total

Enter the amount of all other investment holdings not

(see instruction 2 above). However, report and identify

reported on line 32 or 33. Attach a schedule describing

those totals separately in the attachment.

each of these investments held at the end of the year.

Show the book value for each and indicate whether the

Line 29—Other Notes and Loans Receivable

investment is listed at cost or end-of-year market value.

Enter the combined total of notes receivable and net

Do not include program-related investments. See

loans receivable.

instructions for line 36.

Notes receivable. Enter the amount of all notes

Line 35—Land, Buildings, and Equipment

receivable not listed on line 28 and not acquired as

Enter the book value (cost or other basis less

investments. Attach a schedule similar to that called for in

accumulated depreciation) of all land, buildings, and

the line 28 instructions. The schedule should also identify

equipment owned by the trust and not held for

the relationship of the borrower to any officer, director,

investment. This includes any equipment owned and

trustee, or other disqualified person.

used by the trust in conducting its charitable activities.

For a note receivable from any section 501(c)(3)

Attach a schedule listing these fixed assets held at the

organization, list only the name of the borrower and the

end of the year and showing for each item or category

balance due on the required schedule.

listed, the cost or other basis, accumulated depreciation,

Loans receivable. Enter the gross amount of loans

and book value.

receivable, less the allowance for doubtful accounts,

Line 36—Other Assets

arising from the normal activities of the trust. An itemized

list of these loans is not required, but attach a schedule

List and show the book value of each category of assets

indicating the total amount of each type of loan

not reportable on lines 25 through 35. Attach a separate

outstanding. Report loans to officers, directors, trustees,

schedule if more space is needed.

or other disqualified persons on line 28, and loans to

One type of asset reportable on line 36 is

other employees on line 36.

program-related investments made primarily to

Line 30—Inventories for Sale or Use

accomplish a charitable purpose of the trust rather than

to produce income.

Enter the amount of materials, goods, and supplies

purchased or manufactured by the trust and held for sale

Line 37—Total Assets

or use in some future period.

Columns (a) and (b) (and column (c) if a unitrust) must

Line 31—Prepaid Expenses and Deferred

always have an entry, even if it is zero.

Charges

Line 38—Accounts Payable and Accrued

Enter the amount of short-term and long-term

Expenses

prepayments of future expenses attributable to one or

more future accounting periods. Examples include

Enter the total accounts payable to suppliers and others,

prepayments of rent, insurance, and pension costs, and

and accrued expenses such as salaries payable, accrued

expenses incurred in connection with a solicitation

payroll taxes, and interest payable.

campaign to be conducted in a future accounting period.

Line 39—Deferred Revenue

Lines 32a, b, and c Investments—

Include revenue that the organization has received but

Government Obligations, Corporate Stocks,

not yet earned as of the balance sheet date under its

and Bonds

method of accounting.

Enter the book value (which may be market value) of

Line 40—Loans From Officers, Directors,

these investments. Attach a schedule that lists each

Trustees, and Other Disqualified Persons

security held at the end of the year and shows whether

the security is listed at cost (including the value recorded

Enter the unpaid balance of loans received from officers,

at the time of receipt in the case of donated securities) or

directors, trustees, and other disqualified persons. For

end-of-year market value. Do not include amounts shown

loans outstanding at the end of the year, attach a

on line 26. Governmental obligations reported on line 32a

schedule that provides (for each loan) the name and title

are those that mature in 1 year or more. Debt securities

of the lender and the information specified in the line 28

of the U.S. Government may be reported as a single total

instructions.

-7-

Instructions For Form 5227 Page 7

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