Discover how to establish a private foundation, choose the right structure, and comply with IRS regulations for a successful philanthropic venture.

Many individuals and families contemplate establishing a private foundation as a means to give back to their communities or support causes close to their hearts. By utilizing a foundation, they can ...

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 ( ...

Both have 501(c)(3) status, but they operate differently Reviewed by Lea D. Uradu Fact checked by Vikki Velasquez The Internal Revenue Service (IRS) allows for the creation of tax-exempt charitable ...

This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. Scores of private charitable ...

The ultra-wealthy are using charitable giving vehicles like donor-advised funds and private foundations to avoid taxes and exert influence, at the expense of ordinary taxpayers, according to a new ...

Financial advisors play a crucial role in helping high-net-worth clients achieve their philanthropic goals through effective charitable planning. Two versatile and effective means of charitable giving ...

Donor-advised funds and private foundations offer two ways to financially support causes while gaining valuable tax deductions. Each permits donations of non-cash donations that may include securities ...

The complex regulations that govern foundations have prompted many donors to choose easier ways to give their money to charity, note the authors of this book, who say they hope that clarifying the ...

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, ...

On Aug. 1, 2025, the Internal Revenue Service issued Private Letter Ruling 202531009, offering essential insight into the compliance requirements for private foundations supporting foreign ...