Foundation Governance and Policies – Getting Started


Categories: Supporting Your Foundation

Search Topics: Foundation Governance

Although private foundations are considered the most flexible of all charitable vehicles, they are subject to federal, state, and IRS regulations. Most of these regulations are intended to ensure that in return for the tax exemption they receive, private foundations benefit the public, and not the individuals who created them. To keep your foundation functioning safely within legal and ethical bounds, you will need to establish some important groundwork. This booklet provides an overview of how policies and governance structure that will serve as the foundation’s infrastructure.

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