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 ...

In Chief Counsel Advice (CCA) 202504014 (Jan. 24, 2025), a married couple established a private foundation (PF). The taxpayers, who both served as the PF managers, funded it with stock. Then, over ...

Thoughtful estate planning is essential for artists seeking to ensure the long‑term preservation, management, and presentation of their lifelong work. Although executors and trustees can competently ...

Douglas Moore, national director of estate & charitable planning, and Ajay Badlani, head of U.S. Private non-operating foundations in recent years have faced increasing governmental scrutiny of their ...

Charitable giving has become an important goal of many entrepreneurs who have accumulated substantial wealth in closely held businesses. Among the many philanthropic vehicles available, the private ...

LAKE PLACID — The Henry Uihlein II and Mildred A. Uihlein Foundation, based in Lake Placid, has operated as a private foundation since 2000, providing ongoing support to regional charities. Recently, ...

Editor’s Note: Under the 2017 tax reform legislation, the 50 percent AGI limitation on cash contributions to public charities and certain private foundations increased to 60 percent for 2018-2025. The ...