You have a vision and a passion to make a difference in the world, be it in your own backyard or halfway around the world. Surprisingly profound changes can result from the efforts of a single person. And to get started, you want to set up a nonprofit organization.
The two most common types of nonprofit organizations started by individuals are public charities and private foundations. And within those two broad categories, there are different subtypes. This white paper will help you understand the differences among them as a first step in deciding which charitable vehicle is best suited to what you want to accomplish.
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Foundation Planning Guide for Advisors