While not required by the IRS, Form 990 does ask whether the corporation has a written document retention and destruction policy. Corporations desiring to adopt such a policy will find the attached policy a helpful tool and starting point.
The implementation guide is written for nonprofit corporations specializing in affordable housing. It is easily adapted to the needs and risk tolerances of individual corporations. The document cites legal requirements relating to document retention and provides standard practices where legal guidance does not exist.
The attached document is a Microsoft Word document for easy implementation.
There is a California specific version of this implementation guide available for download.
