Hosted on MSN

Private Foundations vs. Public Charities: What’s the Difference?

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 ...
Financial Planning

Helping clients choose between DAFs and private foundations

When it comes to guiding clients with their charitable giving, advisors have several options. Among the most popular are donor-advised funds (DAFs) and private foundations. Grants from DAFs totaled ...
Kiplinger

What Can a Donor-Advised Fund Do for You? (A Lot)

Donor-advised funds (DAFs) have emerged as a popular charitable giving vehicle that centralizes and streamlines a donor's charitable giving online, without the administrative burdens of a private ...
Financial Advisor

7 Reasons Not To Create A Private Family Foundation

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 ...
Wichita Eagle

Why cut taxes for individuals and then raise them for charitable foundations? | Opinion

While members of Congress are in Washington grappling with tax reform, the people of Kansas are looking at a mixed bag. On the one hand, extending President Trump’s 2017 tax cuts is a worthy effort ...
Daily Inter Lake

Tax hikes on foundations rob charity to fund big government spending

While members of Congress are in Washington grappling with tax reform, the people of Montana are looking at a mixed bag. On the one hand, extending President Trump’s 2017 tax cuts is a worthy effort ...
The Gazette

Tax hikes on Iowa foundations rob charities to fund big government

The U.S. Capitol building, center, is seen next to the bottom part of the Washington Monument, left, before sunrise on Capitol Hill in Washington, Thursday, Dec. 19, 2019. (AP Photo/Julio Cortez) Buy ...