Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. The J. Paul Getty Trust is the single largest private operating foundation in ...
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 ( ...
Choosing among various charitable-giving options can be a challenging proposition for your clients. The most common options are creating a private foundation (PF), contributing to a donor-advised fund ...
Many successful business owners attribute some part of their success to their community. For some of these owners, it is not enough to simply acknowledge this “debt”; they feel an obligation to share ...
This year’s Business Journal list of corporate and private foundations lost a few names after we narrowed rankings to firms most connected to Orange County charities, as opposed to earlier lists based ...
Have you ever wondered how the elite continue to reduce taxes, support their favorite causes and keep their wealth intact? It may seem like they're using a secret playbook. But it's all about using ...
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 ...
Creating a private family foundation offers affluent families a structured way to direct their philanthropic efforts and establish a lasting legacy that aligns with their values. However, this ...
When philanthropic individuals and families think about their larger giving strategy, they tend to first focus on the “who” and the “how much.” Everyone has different priorities and motivations around ...
Little attention has been given to the economic impact that eliminating the estate tax would have on the future creation of private foundations and the consequences for charities in general. A ...
Vincent C. Travagliato, executive director, Morgan Stanley, Private Wealth Management Division, N Private foundations are usually organized as trusts or not-for-profit corporations. When choosing ...