A spending plan isn’t just a “grantmaking budget”—although it’s certainly that. First and foremost, it’s a plan. Many foundation boards […]
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 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 […]
The IRS allows private foundations wide latitude to undertake creative, inventive and effective philanthropy. Learn more.
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.
A full and thoughtful review of last year’s grantmaking priorities, social impact, and finances can help foundation members craft meaningful goals for the coming year. This article suggests topics you might want to discuss together.
What are the key ingredients to a truly exceptional foundation? Learn how you can soar to new heights with this informative booklet.
This booklet shares some of the approaches our clients have found useful for accomplishing their goals.