Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Client Note 1 | Client Note 1 - THE US FISH AND WILDLIFE SERVICE PURCHASED FROM BURBANK LAND CLUB, INC. A PERPETUAL CONSERVATION EASEMENT OF 284.06 ACRES UNDER THE CONDITION THAT IF THEIR OFFER WAS NOT ACCEPTED, THE US FISH AND WILDLIFE SERVICE COULD PURSUE THEIR OPTION TO EXERCISE THEIR POWER OF CONDEMNATION. IN ACCORDANCE WITH IRC 512(a)(3)(D), BURBANK LAND CLUB, INC. ELECTS TO DEFER THE GAIN OF $502,570 FROM THE SALE OF THIS EASEMENT AND REINVEST IN QUALIFIED OTHER PROPERTY TO BE USED DIRECTLY IN THE PERFORMANCE OF ITS EXEMPT FUNCTION.AS OF THE END OF THE FEBRUARY 28, 2014 FISCAL YEAR, INVESTMENTS IN EXCESS OF THE $502,570 DEFERED GAIN WERE REINVESTED IN QUALIFIED PROPERTY USED DIRECTLY IN THE PERFORMANCE OF ITS EXEMPT FUNCTION. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | No review was or will be conducted. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | No documents available to the public. |
| Software ID: | 13000170 |
| Software Version: | 2013v3.1 |