The IRS allows private foundations wide latitude to undertake creative, inventive and effective philanthropy. Learn more.
Resources tagged as: "Strategic Planning" Clear
When meeting with high-net-worth clients and prospects, they increasingly expect that philanthropy will be included as a topic of discussion. This guide provides an overview of five methods of charitable giving. It is intended to help you understand which approach might be best suited for your clients’ financial and philanthropy goals.
Just like the individuals and families who establish them, foundations have life cycles. And because nearly 90% of all foundations are set up with the intent to exist in perpetuity, they typically undergo a multitude of transitions over their extended lifespan.
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.
A guide by Foundation Source with step-by-step instructions and formulas for calculating a private foundation’s annual 5% distribution requirement.
A Comparison of Operating and Non-Operating Foundations.
As the end of the year approaches, you may be already charting your foundation’s course for the coming year. Before […]
Should your foundation exist in perpetuity or be spent down during your lifetime? Learn the advantages to each.
Planning ahead to successfully manage a substantial increase in foundation assets.
This booklet shares some of the approaches our clients have found useful for accomplishing their goals.