The Advantage of Set Asides

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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.

The Conduit Election

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Conduit elections allow foundations to get a fair-market-value deduction for contributions of appreciated, long-term capital assets.