Edit, Download, and Sign the Instructions for Completing Schedule D Form 990
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How do I fill this out?
To fill out Schedule D of Form 990, start by reviewing the sections applicable to your organization. Ensure you have the correct financial data for donor advised funds and conservation easements. Follow the detailed instructions outlined in each part of the schedule to accurately complete the form.

How to fill out the Instructions for Completing Schedule D Form 990?
1
Review your organization's activities and determine which parts of the schedule are applicable.
2
Gather financial data related to donor advised funds and other relevant assets.
3
Complete each applicable section of the form, ensuring all details are accurate.
4
Double-check your entries for any errors or omissions before submission.
5
Submit the completed Schedule D along with Form 990 to the IRS.
Who needs the Instructions for Completing Schedule D Form 990?
1
Nonprofit organizations that manage donor advised funds.
2
Charities that hold conservation easements and need to report them.
3
Organizations with collections of art or historical treasures.
4
Institutions with escrow accounts that require reporting.
5
Any entity filing Form 990 that meets the criteria outlined in the instructions.
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What are the instructions for submitting this form?
To submit Schedule D of Form 990, organizations may e-file through the IRS website or send a physical copy to the appropriate IRS address for Form 990 submissions. Ensure these documents are completed with the necessary signatures and any applicable attachments. For further assistance, consult your tax advisor or legal counsel on proper submission methods.
What are the important dates for this form in 2024 and 2025?
For tax year 2024, the filing deadline for Form 990 is May 15, 2025. Ensure all required schedules, including Schedule D, are submitted on time. For extensions, organizations can file Form 8868 to extend their deadline by six months.

What is the purpose of this form?
Schedule D provides essential reporting guidelines for various types of funds maintained by nonprofit organizations. It captures details related to donor advised funds, conservation easements, and collections of art. This ensures organizations remain compliant with IRS regulations and fulfill their public accountability obligations.

Tell me about this form and its components and fields line-by-line.

- 1. Part I: Focuses on organizations maintaining donor advised funds.
- 2. Part II: Covers conservation easements and related reporting.
- 3. Part III: Documents collections of art or historical treasures.
- 4. Part IV: Addresses escrow and custodial arrangements.
What happens if I fail to submit this form?
Failure to submit Schedule D may result in penalties from the IRS and could jeopardize your tax-exempt status. Accurate reporting is crucial to avoid complications in audits.
- IRS Penalties: Late or missing submissions could incur financial penalties.
- Tax-exempt Status Risks: Noncompliance with reporting requirements may threaten your organization’s tax-exempt status.
- Increased Scrutiny: Incomplete information may lead to further audits and scrutiny from the IRS.
How do I know when to use this form?

- 1. Donor Advised Funds: If your organization manages donor advised funds, you must report this on Schedule D.
- 2. Conservation Easements: Organizations holding conservation easements need to detail these holdings.
- 3. Art Collections: Certain organizations must report on collections of art or historical treasures.
Frequently Asked Questions
What is Schedule D of Form 990?
Schedule D is used by organizations to report certain financial information, especially related to donor advised funds and conservation easements.
How do I fill out Schedule D?
Begin by gathering necessary financial data for all applicable sections. Follow the instructions carefully for each part of the form.
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What if I make a mistake while filling it out?
You can easily go back and edit any sections of the PDF to correct any mistakes you made.
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What types of organizations need this form?
Nonprofits managing various forms of assets, including donor advised funds and conservation easements, need to complete this form.
What should I do if I can't complete the form?
You can consult IRS guidelines or seek assistance from a tax professional experienced with Form 990.
Are there any deadlines for filing this form?
Yes, organizations typically need to file Form 990, including Schedule D, by the 15th day of the 5th month after the end of their fiscal year.