Private Foundation Distribution Requirements
Private non-operating foundations are required by IRS regulations to make a minimum distribution each year for charitable purposes: roughly 5% of their assets, with certain adjustments, based on the previous year’s assets.
Click the button below to download our informative article on private foundation distribution rules that covers
- Terms and definitions
- How to calculate the 5 percent minimum distribution amount
- When the 5 percent payout needs to take place
- Penalties for not following the 5 percent payout rule