The Advantage of Set Asides

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Categories: Supporting Your Foundation

Search Topics: Advanced Grantmaking Strategic Planning Tax Strategies for Foundations

As the name implies, set-asides are funds “set aside” by a private foundation to be paid out in the future, yet they are treated as qualifying distributions toward the current year’s 5% minimum distribution requirement. This allows the foundation to “accumulate funds” over multiple years in order to fund a larger initiative at a later date.

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