Archives for May 2017

You’re a busy business owner, investor or executive and would like your success to translate into significant charitable achievements. You would like your success to pour over and help others. You may be looking at retirement and considering a more hands-on approach to helping others, more of an active charitable lifestyle but perhaps not operating a charity. We trust this article will help you decide whether the private foundation is a vehicle suited to your philanthropic, business, tax and estate planning goals. We address the philanthropist, or potential philanthropist, but include their advisors. We will compare the private foundation with other approaches to charitable accomplishment. The rules are complex but a public charity generally receives at least one third of its support from the general public, whereas a private foundation’s support base is normally a limited number of donors.   Its funding is usually provided by a donor or a family. ((Instructions to Form … [Read more...] about The Private Foundation as a Charitable Lifestyle