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الاستمارة 990 تعليمات بشأن الجدول دال

Instructions for Schedule D (Form 990), supplemental Financial statements

Rev. 2023

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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  
otherwise noted.  
advised fund or account because of the donor's status as  
a donor.  
Note. Donor advised funds aren't limited to funds or  
accounts that meet the definition of “funds” under generally  
accepted accounting principles.  
Future Developments  
For the latest information about developments related to  
Schedule D (Form 990) and its instructions, such as  
legislation enacted after they were published, go to IRS.gov/  
Exceptions. A donor advised fund doesn't include any  
fund or account:  
1. That makes distributions only to a single identified  
organization or governmental entity; or  
General Instructions  
2. In which a donor or donor advisor gives advice about  
which individuals receive grants for travel, study, or other  
similar purposes, if:  
Note. Terms in bold are defined in the Glossary of the  
Instructions for Form 990, Return of Organization Exempt  
From Income Tax.  
a. The donor’s or donor advisor's advisory privileges  
are performed exclusively by such person in his or  
her capacity as a member of a committee in which all  
of the committee members are appointed by the  
sponsoring organization;  
Purpose of Schedule  
Schedule D (Form 990) is used by an organization that files  
Form 990 to provide the required reporting for donor  
advised funds, conservation easements, certain art and  
museum collections, escrow or custodial accounts or  
arrangements, endowment funds, and supplemental  
financial information.  
b. No combination of donors or donor advisors (and  
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 objective and nondiscriminatory basis following a  
procedure approved in advance by the board of  
directors of the sponsoring organization. The  
procedure must be designed to ensure that all grants  
meet the requirements of section 4945(g)(1), (2), or  
(3); or  
An organization that answered “Yes” to any of lines 6 through  
12a on Form 990, Part IV, Checklist of Required Schedules,  
must complete the appropriate part(s) of Schedule D (Form  
990) and attach the schedule to Form 990. An organization  
that answered “Yes” on Form 990, Part IV, line 12b, can  
complete Parts XI and XII of Schedule D (Form 990), but isn't  
required to do so.  
3. That the Secretary exempts from being treated as a  
donor advised fund because either such fund or account  
is advised by a committee not directly or indirectly  
controlled by the donor or any person appointed or  
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  
identified charitable purpose.  
If an organization isn't required to file Form 990 but  
chooses to do so, it must file a complete return and provide  
all of the information requested, including the required  
schedules.  
Specific Instructions  
Part I. Organizations Maintaining  
Donor Advised Funds or Other  
Similar Funds or Accounts  
See Notice 2006-109, 2006-51 I.R.B. 1121, available at  
IRS.gov/irb/2006-51_IRB/ar11.html, modified by Notice  
2014-4, 2014-2 I.R.B. 274.  
A person related to a donor or donor advisor includes any  
family member (as defined in section 4958(f)(4)) of the donor  
or donor advisor and any 35% controlled entity (as defined  
in section 4958(f)(3)) of the donor, donor advisor, or their  
family members.  
Column (a). Complete for all donor advised funds held at  
any time during the tax year by the organization as a  
sponsoring organization.  
Column (b). Complete for each similar fund or account held  
by the organization at any time during the tax year over which  
a donor, or person appointed by the donor, had advisory  
privileges for distribution or investment of amounts held in  
Complete Part I if the organization answered “Yes” on Form  
990, Part IV, line 6.  
Generally, a donor advised fund is a fund or account:  
1. That is separately identified by reference to  
contributions of a donor or donors,  
2. That is owned and controlled by a sponsoring  
organization, and  
3. For which the donor or donor advisor has or  
reasonably expects to have advisory privileges in the  
distribution or investment of amounts held in the donor  
Aug 9, 2023  
Cat. No. 51527M  
such fund or account, but which isn't a donor advised fund.  
Examples of other similar funds or accounts include the  
funds or accounts listed in Exceptions above, as well as  
funds otherwise prescribed by statute as excepted from the  
meaning of a donor advised fund.  
Line 1. Report in column (a) the total number of donor  
advised funds and in column (b) the total number of other  
similar funds or accounts held by the organization at the end  
of the year.  
Line 2. Report in column (a) the aggregate value of  
contributions during the year to all donor advised funds  
and in column (b) the aggregate value of contributions during  
the year to all other similar funds or accounts held by the  
organization.  
Line 3. Report in column (a) the aggregate value of grants  
made during the year from all donor advised funds and in  
column (b) the aggregate value of grants made during the  
year from all other similar funds or accounts held by the  
organization. Report both grants outside the organization and  
transfers within the organization.  
acquired after July 25, 2006, and not on a historic structure  
listed in the National Register.  
Line 3. To be eligible for a federal charitable income tax  
deduction for the donation of a conservation easement to a  
qualified organization, the easement must be granted in  
perpetuity.  
Enter the total number of conservation easements held by  
the organization that were modified, transferred, released,  
extinguished, or terminated, in whole or in part, during the tax  
year. For example, if two easements were modified and one  
easement was terminated during the tax year, enter the  
number 3.  
For each easement modified, transferred, released,  
extinguished, or terminated, in whole or in part, explain the  
changes in Part XIII. Tax exemption may be undermined by  
the modification, transfer, release, extinguishment, or  
termination of an easement.  
For purposes of this Schedule D reporting requirement, an  
easement is modified when its terms are amended or altered  
in any manner. For example, if the deed of easement is  
amended to increase the amount of land subject to the  
easement or to add, alter, or remove restrictions regarding  
the use of the property subject to the easement, the  
easement is modified. An easement is transferred if, for  
example, the organization assigns, sells, releases,  
Line 4. Report in column (a) the aggregate value at the end  
of the year of all donor advised funds and in column (b) the  
aggregate value at the end of the year of all other similar  
funds or accounts held by the organization.  
quitclaims, or otherwise disposes of the easement whether  
with or without consideration. An easement is released,  
extinguished, or terminated when it is condemned,  
Part II. Conservation Easements  
Complete Part II if the organization answered “Yes” on Form  
990, Part IV, line 7.  
extinguished by court order, transferred to the land owner, or  
in any way rendered void and unenforceable, in each case  
whether in whole or in part. An easement is also released,  
extinguished, or terminated when all or part of the property  
subject to the easement is removed from the protection of the  
easement in exchange for the protection of some other  
property or cash to be used to protect some other property.  
In addition to reporting on conservation easements, also  
report in Part II other interests in real property that under state  
law have attributes similar to a conservation easement and  
are established for the purpose of conservation and  
preservation (for example, certain restrictive covenants and  
equitable servitudes). Don't report utility easements.  
The categories described in the preceding paragraph are  
provided for convenience purposes only and aren't to be  
considered legally binding or mutually exclusive. For  
Line 1. Check the box for the purpose or purposes for which  
the organization held the easement(s) during the tax year.  
Check all that apply.  
example, a modification may also involve a transfer and an  
extinguishment, depending on the circumstances. Use of a  
synonym for any of these terms doesn't avoid the application  
of the reporting requirement. For example, calling an action a  
“swap” or a “boundary line adjustment” doesn't mean the  
action isn't also a modification, transfer, or extinguishment.  
Line 2. Provide an answer for each item.  
Line 2a. Enter the total number of conservation  
easements held by the organization at the end of the tax  
year. This shouldn't be an estimate or a rounded number.  
Line 2b. Enter the total acreage restricted by  
conservation easements held by the organization at the  
end of the tax year. Compute the total acreage by adding  
together all the acres of land subject to all the easements  
held as of the end of the tax year. Don't include conservation  
easements on certified historic structures. Acreage can be  
expressed in decimal points for properties subject to  
easements where the acreage consists of less than whole  
numbers. For example, two and one-half acres can be  
expressed as 2.5 acres.  
Line 4. Enter the total number of states where property is  
located and subject to a conservation easement held by  
the organization during the tax year.  
Line 5. A qualified organization must have a commitment to  
protect the conservation purposes of the easement, and have  
the resources to enforce the restrictions. Report whether the  
organization has a written policy or policies about how the  
organization will monitor, inspect, and handle violations, and  
how it will enforce conservation easements. If “Yes,briefly  
summarize such policy or policies in Part XIII. Also, indicate  
whether such policy or policies are reflected in the  
Line 2c. Enter the number of conservation easements  
on certified historic structures held by the organization at  
the end of the tax year.  
organization's easement documents. Monitoring means the  
organization investigates the use or condition of the real  
property restricted by the easement to determine if the  
property owner is adhering to the restrictions imposed by the  
terms of the easement to ensure the conservation purpose of  
the easement is being achieved. Inspection means an onsite  
visit to observe the property to carry out a monitoring  
A certified historic structure is any building or structure  
listed in the National Register of Historic Places as well as  
any building certified as being of historic significance to a  
registered historic district. See section  
170(h)(4)(B) for special rules that apply to contributions of  
conservation easements on certified historic structures in  
registered historic districts.  
purpose. Enforcement of an easement means action taken  
by the organization after it discovers a violation to compel a  
Line 2d. Enter the number of conservation easements  
included in the answer to line 2c that the organization  
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2023 Instructions for Schedule D (Form 990)  
property owner to adhere to the terms of the conservation  
easement. Such activities can include communications with  
the property owner explaining his or her obligations with  
respect to the easement, arbitration, or litigation.  
Line 6. Enter the total number of hours devoted during the  
tax year to monitoring, inspecting, and enforcing  
conservation easements, as those terms are defined in the  
instructions for line 5 above. Include the hours devoted to this  
purpose by any of the organization's paid or unpaid staff and  
by any of the organization's agents or independent  
contractors.  
Lines 1 and 2. Pursuant to FASB ASC 958, certain  
organizations can choose one of two methods to report  
collections of works of art, historical treasures, or other  
similar assets held for public exhibition, education, or  
research in furtherance of public service. An organization that  
doesn't recognize and capitalize its collections for financial  
statement purposes will report its collections on the face of its  
statement of activities, separately from revenues, expenses,  
gains, losses, and assets. An organization that recognizes  
and capitalizes its collections for financial statement  
purposes will report its collections as assets and revenues  
based upon its fair value measurement. Line 1 pertains to  
collection items held by the organization in furtherance of  
public service, and line 2 pertains to collection items held by  
the organization for financial gain, as those terms are  
described in FASB ASC 958.  
Line 7. Enter the total amount of expenses incurred by the  
organization during the tax year to monitor, inspect, and  
enforce the conservation easements it held during the year  
as those terms are defined in the instructions for line 5.  
Line 1a. If an organization has elected not to capitalize its  
collections, then provide in Part XIII the footnote(s) to the  
organization's financial statements that describes these  
collection items.  
Line 1b. If an organization has elected to capitalize its  
collections, provide on line 1b(i) the revenue relating to its  
collection items that is reported on Form 990, Part VIII, line 1.  
Also, provide on line 1b(ii) the value of the organization's  
collection items reported as total assets on Form 990.  
Line 8. Answer “Yes” if each of the organization's façade  
easements acquired after July 25, 2006, satisfies the  
requirements of sections 170(h)(4)(B)(i) and 170(h)(4)(B)(ii).  
Section 170(h)(4)(B)(i) requires each façade easement  
donated after July 25, 2006, to include a restriction that  
preserves the entire exterior of the building, including the  
front, sides, rear, and height of the building, and to prohibit  
any change in the exterior of the building that is inconsistent  
with the historical character of such exterior.  
Line 2. If an organization has received or held collections for  
financial gain, provide on line 2a the revenue reported as to  
these collection items from the total revenue included on  
Form 990, Part VIII, line 1. Also, provide on line 2b the asset  
value assigned to these collection items, which value should  
also be reported as part of the organization's total assets  
reported on Form 990, Part X.  
Line 3. Based upon the organization's acquisition,  
accession, and other records, check all boxes that best  
describe how the organization utilizes its collections,  
including the collection's most significant use.  
Line 4. In Part XIII, provide a description of the  
organization's collections and explain how these collections  
further the organization's exempt purposes.  
Line 5. Answer “Yes” to line 5 if during the year the  
organization solicited or received donations of art, historical  
treasures, or other similar assets to be sold in order to raise  
funds rather than to be maintained as part of the  
organization's collection.  
Section 170(h)(4)(B)(ii) requires the donor and donee to  
enter into a written agreement certifying, among other things,  
that the donee organization has the resources to manage  
and enforce the restriction and a commitment to do so.  
Line 9. Enter in Part XIII a description of how the  
organization reports conservation easements in its revenue  
and expense statement and on its balance sheet. Include in  
Part XIII, if applicable, the text of the footnote to the  
organization's financial statements that describes the  
organization's accounting for conservation easements and  
the basis for its reporting position (see Financial Accounting  
Standards Board (FASB) Accounting Standards Codification  
(ASC) 350-30-55-29 to 55-32, Example 10: Easements).  
The organization must report any qualified  
conservation contributions including contributions  
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CAUTION  
of conservation easements in Form 990, Part VIII,  
Statement of Revenue; Schedule A (Form 990 or 990-EZ),  
Public Charity Status and Public Support; Schedule B (Form  
990, 990-EZ, or 990-PF), Schedule of Contributors; and  
Schedule M (Form 990), Noncash Contributions, consistently  
with how it reports revenue from such contributions in its  
books, records, and financial statements.  
Part IV. Escrow and Custodial  
Arrangements  
Complete Part IV if the organization answered “Yes” on Form  
990, Part IV, line 9, or reported an amount on Form 990, Part  
X, line 21.  
Part III. Organizations Maintaining  
Collections of Art, Historical  
Treasures, or Other Similar Assets  
Lines 1a through 1f. If the organization acts as an agent,  
trustee, custodian, or other intermediary for funds payable to  
other organizations or individuals and hasn't reported those  
amounts on Form 990, Part X, as an asset or liability, check  
Yes” and provide an explanation of the arrangement in Part  
XIII.  
Complete Part III if the organization answered “Yes” on Form  
990, Part IV, line 8.  
Organizations that receive contributions of works of art,  
historical treasures, and similar assets that don't maintain  
collections as described in the Financial Accounting  
Standards Board (FASB) Accounting Standards Codification  
(ASC) 958-360-25-2 aren't required to complete Part III, but  
may be required to complete Schedule M.  
Organizations that maintain escrow or custodial  
accounts not reported on Form 990, Part X, must record  
increases or decreases in such accounts by completing lines  
1c through 1f.  
For lines 1 and 2, refer to FASB ASC 958-360-20 for  
meanings of the various terms.  
Example 1. A credit counseling organization that collects  
amounts from debtors to remit to creditors holds funds in an  
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2023 Instructions for Schedule D (Form 990)  
escrow or custodial account. If the organization acts as a  
go-between and doesn't report these funds as its assets or  
liabilities on Form 990, Part X, it must report the fund  
balances on lines 1c through 1f.  
earnings reported on a gross basis, enter the transaction  
costs on line 1f.  
Line 1d. Enter the current year and prior year amounts  
distributed for grants or scholarships.  
Example 2. An organization providing down-payment  
assistance that collects amounts from donors to be used  
toward the purchase of qualifying housing holds funds in an  
escrow or custodial account. If the organization acts as a  
go-between and doesn't report these funds as its assets or  
liabilities on Form 990, Part X, it must report the fund  
balances on lines 1c through 1f.  
Line 2. If the organization answered “Yes” to line 2a, explain  
in Part XIII the arrangements under which the amounts  
reported on Form 990, Part X, line 21, are held, including any  
obligations the organization has to other persons under such  
arrangements.  
Because scholarships represent direct aid to  
individuals, they are distinguished from general  
programmatic aid referenced in line 1e.  
TIP  
Line 1e. Enter the current year and prior year amounts  
distributed for facilities and programs. Amounts on this line  
should include withdrawn amounts, and amounts disinvested  
from an organization's quasi-endowments to reduce or  
eliminate capital investment.  
Line 1f. Enter the current year and prior year  
administrative expenses charged to the endowment funds.  
These expenses can arise from either internal or third-party  
sources.  
Explain in Part XIII any credit counseling, debt  
management, credit repair, or debt negotiation services the  
organization provided.  
Line 1g. Enter the year-end balances of the organization's  
endowment funds for the current year and prior year. To  
determine the year-end balances, add lines 1a, 1b, and  
investment earnings on line 1c, and subtract line 1c  
investment losses and the amounts on lines 1d through 1f.  
Part V. Endowment Funds  
Complete Part V if the organization answered “Yes” on Form  
990, Part IV, line 10. For Part V, the definitions of endowment  
and types of endowments are governed by FASB ASC 958.  
Information reported in Part V should pertain to the aggregate  
of the donor-restricted assets held by the organization,  
organizations formed and maintained exclusively to further  
one or more exempt purposes of the organization, and  
organizations that hold endowment funds for the benefit of  
the organization.  
Line 2. On lines 2a through 2c, enter the estimated  
percentage of the organization's total endowment funds at  
the current year end (as reported in line 1g, column (a)) held  
in (a) board designated or quasi-endowment funds, (b)  
permanent endowment funds, or (c) term endowment funds.  
The total of these three percentages should equal 100%. If  
the organization follows FASB ASC 958, amounts should be  
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  
source of income for either a specified period of time or until  
a specific event occurs. These funds should be reported as  
“temporarily restricted endowment” for purposes of  
completing line 2c.  
Permanent endowments are endowment funds that are  
established by donor-restricted gifts and are maintained to  
provide a permanent source of income, with the stipulation  
that principal must be invested and kept intact in perpetuity,  
while only the income generated can be used by the  
organization.  
Line 3. Report information on endowment funds not in  
possession of the organization.  
Line 3a(i). Check “Yes” if any of the organization's  
endowment funds are in the possession of and administered  
by unrelated organizations.  
Line 3a(ii). Check “Yes” if any of the organization's  
endowment funds are in the possession of and administered  
by related organizations.  
Line 3b. All related organizations are required to be  
reported on Schedule R (Form 990), Related Organizations  
and Unrelated Partnerships. Check “Yes” on line 3b if the  
organization answered “Yes” to line 3a(ii) and the  
organization listed all related organizations referred to on  
line 3a(ii) on Schedule R.  
Board-designated endowments or  
quasi-endowments result from an internal designation and  
are generally not donor-restricted and are classified as net  
assets without donor restrictions. The governing board has  
the right to decide at any time to expend such funds.  
Line 1a. Enter the beginning-of-year balances of the  
organization's endowment funds for the current year and prior  
year. The amounts entered should agree with the  
Line 4. Describe in Part XIII the intended uses of the  
organization's endowment funds.  
Part VI. Land, Buildings, and  
Equipment  
Complete Part VI if the organization answered “Yes” on Form  
990, Part IV, line 11a, and reported an amount on Form 990,  
Part X, line 10a. Reporting is required if any amount other  
than zero is reported on those lines.  
organization's total permanent endowment, term endowment,  
and board or quasi-endowment funds at the beginning of the  
current year and prior year.  
Line 1b. Enter the amounts of current year and prior year  
contributions and transfers to the organization's  
endowment funds. These amounts include all donor gifts,  
grants, and contributions received, as well as additional  
funds established by the organization's governing board to  
function like an endowment, but that can be expended at any  
time at the discretion of the board.  
Line 1c. Enter the current year and prior year net amounts  
of investment earnings, gains, and losses, including both  
realized and unrealized amounts. For earnings reported net  
of transaction costs, enter the net amount on line 1c. For  
Column (a). Enter the cost or other basis of all land,  
buildings, leasehold improvements, equipment, and other  
fixed assets held for investment purposes, such as rental  
properties.  
Column (b). Enter the cost or other basis of all other land,  
buildings, leasehold improvements, equipment, and other  
fixed assets held for other than investment purposes,  
including any land, buildings, and equipment owned and  
used by the organization in conducting its exempt activities.  
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2023 Instructions for Schedule D (Form 990)  
The total amounts reported in columns (a) and (b) must equal  
the amount reported on Form 990, Part X, line 10a.  
Column (c). Indicate whether the investment is listed at cost  
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  
amount in column (c) for line 1a, Land. The total of column (c)  
must equal the amount reported on Form 990, Part X,  
line 10b.  
Column (d). Enter the sum of column (a) and column (b)  
minus column (c). The total of column (d) must equal the  
amount reported on Form 990, Part X.  
Part IX. Other Assets  
Complete Part IX if the organization answered “Yes” on Form  
990, Part IV, line 11d, or reported an amount on Form 990,  
Part X, column (B), line 15, that is 5% or more of the total  
assets reported on Form 990, Part X.  
Column (a). Enter a description of assets reported on Form  
990, Part X, column (B), line 15. The organization can use  
any reasonable basis to classify these assets.  
Column (b). Enter the book value of each asset. The total of  
column (b) must equal the amount reported on Form 990,  
Part X.  
Part VII. Investments—Other  
Securities  
Complete Part VII if the organization answered “Yes” on Form  
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  
Form 990, Part X.  
Part X. Other Liabilities  
Complete Part X if the organization answered “Yes” on Form  
990, Part IV, line 11e or line 11f, and either reported an  
amount on Form 990, Part X, or had financial statements  
for the tax year that include a footnote addressing the  
organization's liability for uncertain tax positions.  
Other securities to be reported in this part include closely  
held stock. They also include (1) publicly traded stock for  
which the organization holds 5% or more of the outstanding  
shares of the same class, and (2) publicly traded stock in a  
corporation that comprised more than 5% of the  
Organizations are required to separately report all liabilities  
for federal income taxes and amounts owed to related  
organizations on Part X of this schedule.  
organization's total assets at the end of the tax year. List  
each separate class of publicly traded stock held by the  
organization that meets either of these 5% ownership tests.  
Don't include program-related investments.  
Line 1. Other liabilities. In column (a), list each type of  
liability not reported on lines 17 through 24 of Form 990, Part  
X. The organization can use any reasonable basis to classify  
these liabilities.  
In column (b), enter the book value of each liability. The  
total of column (b) must equal the amount reported on Form  
990, Part X.  
Column (a). Describe the type of investment. Each class of  
publicly traded stock for which the organization holds 5% or  
more of the outstanding shares must be listed by name and  
class, including the number of shares held. Also report all  
publicly traded stock in a corporation that comprised more  
than 5% of the organization's total assets at the end of the  
tax year.  
Column (b). Enter the book value of each investment. The  
total of column (b) must equal the amount reported on Form  
990, Part X.  
Line 2. Liability for uncertain tax positions. Every  
organization required to complete Part X must provide the  
text of the note in, or footnote to, its financial statements, if  
applicable, regarding the organization's liability for uncertain  
tax positions under FASB ASC 740, International Financial  
Reporting Standards (IFRS)/International Accounting  
Standards (IAS) 12 Income Taxes, other country-specific  
accounting standards, or a modified version of any of the  
above. This includes, for example, the description of a liability  
for unrelated business income tax, or tax that may be  
assessed as a result of the revocation of exempt status.  
Provide the full text of this note or footnote in Part XIII, even if  
the organization did not report any liability for uncertain tax  
positions in the note or footnote. Any portion of the note or  
footnote that addresses only the filing organization's liability  
must be provided verbatim. The filing organization can  
summarize that portion, if any, of a note or footnote that  
applies to the liability of multiple organizations, including the  
organization (for example, as a member of a group with  
consolidated financial statements), to describe the filing  
organization's share of the liability.  
Column (c). Indicate whether the investment is listed at cost  
or end-of-year market value. When reporting securities at  
fair market value, use commonly accepted valuation  
methods.  
Part VIII. Investments—Program  
Related  
Complete Part VIII if the organization answered “Yes” on  
Form 990, Part IV, line 11c, and reported an amount on Form  
990, Part X, that is 5% or more of the total assets reported on  
Form 990, Part X.  
Program-related investments are investments made  
primarily to accomplish the organization's exempt purposes  
rather than to produce income. Examples of program-related  
investments include student loans and notes receivable from  
other exempt organizations that obtained the funds to pursue  
the filing organization's exempt function.  
Column (a). Briefly describe each program-related  
investment on a separate line, including whether the  
investment is a loan or equity investment. For investments in  
a domestic organization, identify the organization.  
Parts XI Through XII. Reconciliation of  
Revenue and Expenses From Form  
990 to Audited Financial Statements  
Complete Parts XI and XII if the organization answered “Yes”  
on Form 990, Part IV, line 12a. If the organization answered  
Yes” on Form 990, Part IV, line 12b (but answered “No” on  
line 12a), completing Parts XI and XII is optional.  
Column (b). Enter the book value of each program-related  
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  
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2023 Instructions for Schedule D (Form 990)  
this Form 990, it isn't required to complete Part XI or XII, even  
if it prepared Form 990 in accordance with FASB ASC 958.  
Use the reconciliation statements of Parts XI and XII to  
reconcile the differences between the revenue and expenses  
reported on the organization's audited financial statements  
prepared in accordance with FASB ASC 958 and the revenue  
and expenses reported on the organization's Form 990.  
On line 4a of Parts XI and XII, include only those  
investment expenses netted against investment income in  
the revenue portion of the organization's audited financial  
statements. Don't include program-related investment  
expenses or other expenses reported as program service  
expenses in the audited statement of activities.  
Part III, lines 1a and 4 (collections of works of art,  
historical treasures, and other similar assets).  
Part IV, lines 1b and 2b (escrow or custodial  
arrangements, or credit counseling, debt management,  
credit repair, or debt negotiation services).  
Part V, line 4 (endowment funds).  
Part X, line 2 (note or footnote to financial statements  
regarding liability for uncertain tax positions).  
Part XI, lines 2d and 4b (reconciliation of revenue).  
Part XII, lines 2d and 4b (reconciliation of expenses).  
Also use Part XIII to provide additional narrative  
explanations and descriptions, as needed. Identify the  
specific part and line number that the response supports in  
the order that it appears on Schedule D (Form 990). Part XIII  
can be duplicated if more space is needed.  
Parts XI and XII don't have to be completed for group  
returns.  
Part XIII. Supplemental Information  
Complete Part XIII to provide narrative information required in  
the following.  
Part II, lines 3, 5, and 9 (conservation easements).  
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2023 Instructions for Schedule D (Form 990)