In addition to the information required when filing a return, the granting foundation must make available to the IRS at the foundation's main office each of the following items: A copy of the agreement covering each expenditure responsibility grant made during the year, A copy of each report received during the tax year from each grantee on any expenditure responsibility grant, and A copy of each report made by the grantor's personnel or independent auditors of audits or other investigations during the tax year concerning any expenditure responsibility grant. Return to Life Cycle of a Private Foundation
