Resources tagged as: "Advanced Grantmaking" Clear

The Advantage of Set Asides


Categories: Supporting Your Foundation

Search Topics: Advanced Grantmaking Strategic Planning Tax Strategies for Foundations

As the name implies, set-asides are funds “set aside” by a private foundation to be paid out in the future, yet they are treated as qualifying distributions toward the current year’s 5% minimum distribution requirement. This allows the foundation to “accumulate funds” over multiple years in order to fund a larger initiative at a later date.