BarbriSFCourseDetails
  • videocam Live Webinar with Live Q&A
  • calendar_month February 23, 2026 @ 1:00 p.m. ET./10:00 a.m. PT
  • signal_cellular_alt Intermediate
  • card_travel Accounting
  • schedule 110 minutes

Foreign Activities Reporting Requirements for Exempt Organizations: Form 990 Schedule F and Other Returns

Identifying Required Disclosures and Tracking Location and Nature of Foreign Accounts For Nonprofits

$197.00

This course is $0 with these passes:

CPE
ALL
  1. keyboard_arrow_leftBack
BarbriPdBannerMessage

About the Course

Introduction

This course provides a comprehensive exploration of the determinations, calculations, disclosures, and tax reporting requirements for foreign investments, accounts, and activities held or conducted by tax exempt organizations. With the IRS increasing its scrutiny of foreign-based assets owned by U.S. taxpayers—including exempt organizations—understanding the evolving compliance landscape is essential.

Description

Our experienced panel will offer practical guidance on:


·      Identifying which foreign investments and activities require disclosure on Form 990 Schedule F and related returns

·      Tracking the location of foreign accounts and investments

·      Reporting operations in countries subject to U.S. sanctions or boycotts

·      Navigating the interplay between Schedule F and other foreign informational forms (e.g., Forms 926, 5471, 8621, 8865, FBAR)

·      Understanding thresholds for reporting, and the consequences of non-compliance


Listen as our panel addresses best practices for foreign grantmaking, due diligence, and compliance with anti-terrorism and sanctions regulations. Real-world examples will illustrate the application of these rules.


Presented By

Jennifer Becker Harris, CPA, MST
Tax Shareholder
Clark Nuber

Ms. Becker Harris concentrates her practice on tax-exempt organizations. Her practice primarily focuses on consulting and compliance for public charities and private foundations including international matters, alternative investments, unrelated business income tax, fundraising events, commercial co-venturers, corporate governance and IRS controversy. In addition, Ms. Becker Harris assists individuals with charitable gift planning. She is a co-author and editor of the CCH Form 990 Compliance Guide, by Clark Nuber.

expand_circle_down Expand to View Full Bio expand_circle_up Collapse Bio
Frances A. Olson, CPA, MST
Principal
Clark Nuber

As a principal in the firm’s Tax Services Group, Ms. Olson enjoys working with a wide variety of not-for-profit entities in different industries, as well as high net worth individuals. She enjoys working closely with both the organization and people who work there. Building trusting relationships with clients is one of her main focuses of service.

expand_circle_down Expand to View Full Bio expand_circle_up Collapse Bio
Credit Information

  • BARBRI is a NASBA CPE sponsor and this 110-minute webinar is accredited for 2.0 CPE credits.

  • BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

Date + Time

  • event

    Monday, February 23, 2026

  • schedule

    1:00 p.m. ET./10:00 a.m. PT

I.                   Overview of Foreign Activities and Investments

II.                 Form 990 Schedule F, Statement of Activities Outside the United States

III.               Best practices for foreign grantmaking and exempt activities

IV.              Other Key Forms:

A.    Form 926 (Transfers to Foreign Corporations)

B.    Form 5471 (Foreign Corporations)

C.   Form 8621 (Passive Foreign Investment Companies)

D.    Form 8865 (Foreign Partnerships)

E.     Form 5713 (International Boycott Reporting

V.                FBAR and Foreign Bank Account Reporting

The panel will discuss these and other critical issues:

  • Thresholds for reporting foreign transfers, asset ownership, and income
  • Interplay among Form 990 Schedule F and other foreign informational forms
  • Interpreting Schedule K-1 and other direct foreign statements
  • Best practices for foreign grantmaking, including due diligence and sanctions compliance
  • Penalties for non-compliance and strategies for risk mitigation

Learning Objectives

After completing this course, you will be able to:

  • Identify assets subject to foreign reporting
  • Discern when to file an FBAR for an NPO
  • Ascertain when to file Schedule F
  • Determine applicable additional filing requirements for foreign activity
  • Field of Study: Taxes
  • Level of Knowledge:
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite:

    Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of pass-through taxation, including taxation of partnerships, S corporations and sole proprietorships, qualified business income, net operating losses and loss limitations; familiarity with net operating loss carry-backs, carry-forwards and carried interests.


BARBRI, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

IRS Approved Provider

BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

BARBRI CE webinars-powered by Barbri-are backed by our 100% unconditional money-back guarantee: If you are not satisfied with any of our products, simply let us know and get a full refund. Contact us at 1-800-926-7926 .