Foundation Source reviews hundreds of 990-PFs each year that were prepared by other organizations. Here are common errors we see.
Resources tagged as: "Compliance" Clear
Many problems can be easily avoided through a basic understanding of the rules that govern foundations, which are explained here.
Guidance on five common areas of potential trouble for corporate foundations.
A guide by Foundation Source with step-by-step instructions and formulas for calculating a private foundation’s annual 5% distribution requirement.
Foundations may pay compensation for an insider’s personal services as long as the compensation is “reasonable and necessary.”
When a private foundation adds hedge fund investments to its portfolio, a range of issues are presented for consideration and […]
This paper provides helpful tips on how a foundation can avoid some of the potential pitfalls surrounding charitable pledges.
With careful planning, a private foundation can reduce its excise tax rate from 2% to 1% in select years.
This article provides a general primer on state filing requirements and describes important criteria in selecting a state of incorporation.
Maximize your foundation’s tax savings and minimize its exposure on the 990-PF.