When meeting with high-net-worth clients and prospects, they increasingly expect that philanthropy will be included as a topic of discussion. This guide provides an overview of five methods of charitable giving. It is intended to help you understand which approach might be best suited for your clients’ financial and philanthropy goals.
Resources tagged as: "Private Foundations Basics" Clear
Many problems can be easily avoided through a basic understanding of the rules that govern foundations, which are explained here.
A private foundation is a powerful and flexible philanthropic vehicle.
A private foundation offers many benefits that are not available to individual donors or through other giving vehicles,, as outlined in this white paper.
Straightforward answers to the 29 questions we’re asked most often about private foundations.
Naming your foundation is often a significant exercise.
A Comparison of Operating and Non-Operating Foundations.
An overview of common nonprofit organizations, including public charities, supporting organizations and private foundations.
Pointers for creating a clear and thoughtful mission statement for your private foundation and the benefits you can expect.
Foundations typically approach most grants as a team sport, debating their merits and deciding, collectively, whether they’re likely to achieve the foundation’s goals. However, in addition to granting as a group, some foundations give their board and/or family members a portion of funds to donate as individuals. Th is practice, called discretionary grantmaking, is legally permitted as long as the grants are consistent with the foundation’s charitable purpose, and there aren’t restrictions in the charter documents to prohibit it.