Most people are familiar with the charitable activities of private foundations bearing names of the giants of U.S. business—the Rockefeller, MacArthur and Bill and Melinda Gates Foundations, to name ...
A hypothetical state law for-profit company, which may be a bank, credit union, insurance company, healthcare organization, or other entity (“Company”) intends to establish a charitable organization ( ...
The authors begin by explaining the advantages, disadvantages, and tax benefits of private foundations, donor-advised funds, and other charitable structures. Mr. Silk and Mr. Lintott say that private ...
Private foundations continued the increased giving last year that grew out of the pandemic, social justice problems and humanitarian needs, according to Foundation Source. Private foundations gave ...
I often get asked ‘What is the best vehicle for managing charitable funds?’. This is very much a question that doesn't have a straight forward answer and is best reviewed in context of your overall ...
The endowments of private and community foundations turned in double-digit returns for the second year in a row in 2024, strengthening their ability to support nonprofits for the long haul, according ...
A bill passed by the House to exempt donations to groups that engage in political and lobbying activities from the federal gift tax would also allow wealthy people to avoid safeguards placed on ...
Michael and Susan Dell’s donation made news for a lot of reasons–including that it was targeted to a government program, not a public charity. Here’s what you need to know about private foundations, ...
It’s the latest sign of the OCIO industry’s expansion: More private and community foundations are hiring an outsourced investment office, according to a recent annual report on those institutions by ...
Preventing a massive tax hike by making the Tax Cuts and Jobs Act of 2017 permanent is an admirable goal. So is identifying additional sources of revenue to prevent deficits from growing. But imposing ...
While members of Congress are in Washington grappling with tax reform, the people of Pennsylvania are looking at a mixed bag. On the one hand, extending President Trump’s 2017 tax cuts is a worthy ...
The National Center for Non-Profit Sector (“NCNPS”) is the supervisory body of civil society organizations and private foundations. The NCNPS regulates civil society organizations and private ...