The Foundation is classified by the IRS as a private foundation. Charitable contributions to a private foundation are deductible at a 30% rate. In addition, any grants made by the Foundation to public charities will be subject to the public support test when filing the annual Form 990.
Reader’s Guide to the Form 990-PF (online tutorial from Foundation Center)
The purpose of the Reader’s Guide is to demystify the key information contained in the Form 990-PF and to respond to the most frequently asked questions.