For those seeking philanthropic flexibility and impact, the vehicle of choice has always been the private foundation. With its unparalleled financial control, powerful tax advantages and the ability to perpetuate one’s family legacy, America’s premier philanthropic families consider it the gold standard of charitable giving vehicles.
Unfortunately, private foundations have often been out of reach for those who don’t want to hire professional staff. Going it alone too often results in administrative and compliance issues that threaten to overshadow the joy of giving.