The William and Flora Hewlett Foundation

   7/5/2008
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2006 990-PF

The 990-PF is the tax return that private foundations are required to file each year with the Internal Revenue Service. This document provides financial information about the foundation's assets, its investments, expenses, the names and salaries of trustees and officers, and includes a complete list of grants awarded in a given year.  

Form 990-PF
For more information about Form 990, click on the following link: Understanding the IRS Form 990, from Guidestar, a nonprofit organization that provides data on over 1.5 million organizations nationwide.  In assessing whether a Foundation or the organizations it supports are effective, though, Form 990 isn't the whole story, as the Guidestar site correctly points out:

Although Forms 990 can provide a snapshot of the financial health and expenditures of an organization at a specific time, they are virtually useless in comparing one organization to another unless the organizations are of similar size, age, geography, and field of activity. Further, they tell us nothing about the ultimate or relative effectiveness of an organization with respect to meeting its objectives. This is the true bottom line of charity. Form 990 data are most useful for examining the evolving health and financial practices of an organization over a period of time.

2006 990-PF (with statements and attachments)

The chart below shows a key to the various documents as they refer to Form 990-PF. You may download each section by clicking on the highlighted link.

990-PF Reference

Statements

 

 

Part I Line 11

Other income - Statement 64

Part I Line 16a

Legal fees - Statement 65

Part I Line 16b

Accounting fees - Statement 66

Part I Line 16c

Other professional fees - Statement 67

Part I Line 18

Taxes - Statement 68

Part I Line 19

Depreciation and amortization schedule

Part I Line 23

Other expenses - Statement 69

Part II Line 10a

U.S. and State Government Obligations - Statement 70

Part II Line 10b

Corporate Stock - Statement 71

Part II Line 10c

Corporate Bonds - Statement 72

Part II Line 13

Partnership Investments - Statement 73

Part II Line 15

Other assets - Statement 74

Part II Line 22

Other liabilities - Statement 75

Part III Line 3

Other increases in net worth or fund balances - Statement 76

Part IV Line 1a

Capital gains and losses on investment income

Part VIII Line 1

List of officers and directors and their compensation - Statements 122-124

Part VIII Line 2

Compensation of five highest paid employees - Statement 125

Part VIII Line 3

Compensation of five highest paid professionals - Statement 126

Part VII-B Line 5c

Expenditure Responsibility Statement - Statements 77-121

Part IX-A Line 1

Summary of Direct Charitable Activities - Statements 50-62

Part XV Line 3a

Grants and Contributions paid during the year - Statements 128-283

Part XV Line 3b

Contributions approved for future payment - Statements 284-353

Part XV Line 2a

Name, Address and Phone for Applications - Statement 127

Part XV Line 2b, 2c, 2d

Supplementary Information - Grants - Statement 63

Part XVI-A Line 11b 

Analysis of Other Revenue - Statement 354

 




Last revised: 3/12/2008

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