Part II

is completed by a manager, self-dealer, disqualified person, donor, donor advisor, or related person subject to tax under sections 4912(b), 4941(a), 4944(a)(2), 4945(a)(2), 4955(a)(2), 4958(a), 4965(a)(2), 4966(a)(2), and 4967(a). Enter the name, address, and employer identification number of the foundation or organization with respect to which tax is owed as a manager, self-dealer, disqualified person, donor, donor advisor, or related person, as computed in Schedules A, D, E, F, H, I, J, K, and L.

Note: A related organization that owes section 4960 excise tax on excess executive compensation should report the tax in Part I and should not make entries in Part II.

Line 1. Enter the sum of:

1. Taxes you owe as a self-dealer, from Schedule A, Part II, column (d), and

2. Tax for acts of self-dealing in which you participated as a manager, from Schedule A, Part III, column (d).

Instructions for Form 4720 (2025) 7

Line 2. Enter the tax on investments that jeopardize charitable purpose from Schedule D, Part II, column (d), that you took part in as a foundation manager.

Line 3. Enter the tax on taxable expenditures from Schedule E, Part II, column (d), that you took part in as a foundation manager.

Line 4. Enter the tax on political expenditures from Schedule F, Part II, column (d), that you took part in as an organization or foundation manager.

Line 5. Enter the tax on disqualifying lobbying expenditures from Schedule H, Part II, column (d), that you took part in as an organization manager.

Line 6. Enter the sum of:

1. Taxes you owe as a disqualified person, from Schedule I, Part II, column (d), and

2. Tax on excess benefit transactions in which you as organization manager participated knowing that the transaction was an excess benefit transaction, from Schedule I, Part III, column (d).

Line 7. Enter the tax on you as the entity manager who approved or otherwise caused the entity to be a party to a prohibited tax shelter transaction from Schedule J, Part II, column (d).

Line 8. Enter the tax on taxable distributions from sponsoring organizations maintaining donor advised funds from Schedule K, Part II, column (d), that you took part in as a manager.

Line 9. Enter the sum of:

1. Tax imposed on you as a donor, donor advisor, or related person, from Schedule L, Part II, column (d); and

2. Tax imposed on you as a fund manager who agreed to the making of a prohibited benefit distribution from Schedule L, Part III, column (d).

Liability for tax. A person's liability for tax as a manager, self-dealer, disqualified person, donor, donor advisor, or related person, under sections 4912, 4941, 4944, 4945, 4955, 4958, 4966, and 4967 is joint and several. Therefore, if more than one person owes tax on an act as a manager, self-dealer, disqualified person, donor, donor advisor, or related person, they may apportion the tax among themselves. However, when all managers, self-dealers, donors, donor advisors, related persons, or disqualified persons who are liable for tax on a particular transaction under sections 4912, 4941, 4944, 4945, 4955, 4958, 4966, or 4967 pay less than the total tax due on that transaction, then the IRS may charge the amount owed to one or more of them regardless of the tax apportionment shown on this return.