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

made in connection with official business of the trust may

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

also be reported as a single total.

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

rather than itemized. Obligations of state and municipal

For each outstanding loan or other receivable that

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

must be reported separately, the attached schedule

Do not combine U.S. Government obligations with state

should use a columnar format and show the following

and municipal obligations on the attached schedule.

information:

•

Line 33—Investments—Land, Buildings,

Borrower’s name and title,

•

Original amount,

and Equipment

•

Balance due,

Enter the book value (cost or other basis less

•

Date of note,

accumulated depreciation) of all land, buildings, and

•

Maturity date,

equipment held for investment purposes, such as rental

•

Repayment terms,

properties. Attach a schedule listing these investment

•

Interest rate,

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

•

Security provided by the borrower,

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

•

Purpose of the loan, and

accumulated depreciation, and book value.

•

Description and FMV of the consideration furnished by

Line 34—Investments—Other

the lender.

The above detail is not required for receivables or

Enter the amount of all other investment holdings not

travel advances that may be reported as a single total

reported on line 32 or line 33. Attach a schedule

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

describing each of these investments held at the end of

those totals separately in the attachment.

the year. Show the book value for each and indicate

whether the investment is listed at cost or end-of-year

Line 29—Other Notes and Loans Receivable

market value. Do not include program-related

Enter the combined total of notes receivable and net

investments. See instructions for line 36.

loans receivable.

Line 35—Land, Buildings, and Equipment

Notes receivable. Enter the amount of all notes

Enter the book value (cost or other basis less

receivable not listed on line 28 and not acquired as

accumulated depreciation) of all land, buildings, and

investments. Attach a schedule similar to that called for in

equipment owned by the trust and not held for

the line 28 instructions. The schedule should also identify

investment. This includes any equipment owned and

the relationship of the borrower to any officer, director,

used by the trust in conducting its charitable activities.

trustee, or other disqualified person.

Attach a schedule listing these fixed assets held at the

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

end of the year and showing for each item or category

organization, list only the name of the borrower and the

listed, the cost or other basis, accumulated depreciation,

balance due on the required schedule.

and book value.

Loans receivable. Enter the gross amount of loans

Line 36—Other Assets

receivable, less the allowance for doubtful accounts,

arising from the normal activities of the trust. An itemized

List and show the book value of each category of assets

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

not reportable on lines 25 through 35. Attach a separate

indicating the total amount of each type of loan

schedule if more space is needed.

outstanding. Report loans to officers, directors, trustees,

One type of asset reportable on line 36 is

or other disqualified persons on line 28, and loans to

program-related investments made primarily to

other employees on line 36.

accomplish a charitable purpose of the trust rather than

to produce income.

Line 30—Inventories for Sale or Use

Enter the amount of materials, goods, and supplies

Line 37—Total Assets

purchased or manufactured by the trust and held for sale

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

or use in some future period.

always have an entry, even if it is zero.

Line 31—Prepaid Expenses and Deferred

Line 38—Accounts Payable and Accrued

Charges

Expenses

Enter the amount of short-term and long-term

Enter the total accounts payable to suppliers and others,

prepayments of future expenses attributable to one or

and accrued expenses such as salaries payable, accrued

more future accounting periods. Examples include

payroll taxes, and interest payable.

prepayments of rent, insurance, and pension costs, and

Line 39—Deferred Revenue

expenses incurred in connection with a solicitation

campaign to be conducted in a future accounting period.

Include revenue that the organization has received but

not yet earned as of the balance sheet date under its

Lines 32a, b, and c Investments—

method of accounting.

Government Obligations, Corporate Stocks,

Line 40—Loans From Officers, Directors,

and Corporate Bonds

Trustees, and Other Disqualified Persons

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

these investments. Attach a schedule that lists each

Enter the unpaid balance of loans received from officers,

security held at the end of the year and shows whether

directors, trustees, and other disqualified persons. For

the security is listed at cost (including the value recorded

loans outstanding at the end of the year, attach a

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

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

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

of the lender and the information specified in the line 28

on line 26. Governmental obligations reported on line 32a

instructions.

-7-

Instructions For Form 5227 Page 7

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