IRS Forms
FORM 501c3The following annual informational IRS Form 990’s for the three most recent years are provided for your information and downloading.
They are also available for public inspection during normal business hours at the offices of the Valencia Community College Foundation located at 190 South Orange Avenue, Orlando, FL 32801.
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FORM 990 RULES
As of June 8, 1999, all 501(c)(3) and organizations are required
to send copies of their three most recent Forms 990 (as well as
Form 1023, the form to apply for tax-exempt status) to anyone who
requests them. If the request is made in person, non-profits must
provide copies of the forms immediately. If the request is made
in writing, nonprofits have 30 days to mail out copies. A phone
call is not considered a formal request, but a written letter, fax,
or e-mail is enough to trigger the 30-day requirement.
Charities may charge a "reasonable" photocopy and mailing
fee. Reasonable is defined by the IRS as one dollar for the first
page and 15 cents for each additional page. For written requests,
nonprofits may require advance payment of the copying and mailing
fees, in which case the 30-day limit would begin as soon as the
nonprofit receives payment.
Non-profits can avoid the photocopying requirements by posting their
forms on the Internet. The material may either be posted on a nonprofit's
own Web site or on another site that functions as a database of
information about non-profit organizations. The IRS is developing
guidelines for determining whether an organization is the target
of a harassment campaign and what nonprofits should do in such a
situation.
Nonprofits are subject to a $20 fine for each day they fall behind
in providing the forms, up to a maximum of $10,000 per return. In
addition, a $5,000 penalty for "willful failure" may also
be applied. For additional information, visit the U.S. Nonprofit
Organization's Public Disclosure Regulation Site. If you have other
questions, please contact the AFP Public Affairs Department at (800)
666-3863.