Learn the benefits of starting a private foundation: innovative philanthropy, personal fulfillment, family engagement, and an enduring legacy.
For many people contemplating a charitable vehicle, the default choice is often a donor-advised fund (DAF). Despite the many unique […]
Individuals and families who give back through private foundations and donor-advised funds strike a “grand bargain”: In exchange for abiding […]
Establishing a private foundation can unite your family in the shared pleasure of giving back. It affords a rare opportunity […]
Although establishing a private foundation does offer attractive tax advantages, families are often motivated by a desire to create positive […]
One of the great things about having a private foundation is that you alone get to choose your board structure […]
Managing a private foundation has never been easier. Just log in to your private, password-protected website provided by Foundation Source. […]
Some families set up a private foundation because they want to help out the people, communities, and institutions they care […]
Whether you’re just getting started with your private foundation, or your foundation has been around for many years, you might […]
Filing Form 1023, Application for Recognition of Exempt Status, is usually a private foundation’s first interaction with the Internal Revenue Service.