Form 990’s Schedule B has been the subject of controversy for many years, even before the introduction of the updated Form 990 (and its 16 different schedules!) in 2008. Schedule B is the Schedule of Contributors for exempt organizations preparing and filing the Form 990, 990-EZ, and 990-PF. Generally, Schedule B is filed annually by any organization receiving contributions in excess of $5,000 from a single donor.
Although almost all filers of Schedule B are not subject to public disclosure,