Learn the benefits and considerations of including non-family members on a family foundation board.
Prepare for common inflection points, including bringing in the next generation, an increase of assets, change in leadership or staff, and dispersal of family members.
Understand our process and practices for handling a private foundation’s financials.
Know the rules around paying insiders for their work on the foundation.
Get guidance around whether your foundation should exist in perpetuity or sunset after a set period.
Learn how to calculate the foundation’s minimum distribution requirement.
Recognize five common pitfalls.
Make a plan for a change in board leadership.
See how our clients use our award-winning technology platform—built specifically for the needs of managing a private foundation.
Watch Diana DiLanni, Managing Director, Merrill Lynch, discuss how a private foundation helps forge enduring ties to a client’s entire family.