Stretching Family Control Over Charitable Interests
When a private foundation is established alongside either a charitable remainder trust or charitable lead trust, you and your family can receive all the usual benefits of these trusts while retaining charitable control—potentially forever.
Revealing the “Invisible” 98% of Private Foundations
Foundation Source latest annual report on private foundation clients with assets of less than $50 million provides reliable insight into these smaller players. Page Snow shares some of the report’s major findings.
Tax Benefits of Creating a Private Foundation
In addition to the many philanthropic reasons a donor might have for establishing a private foundation, there are also short-term and long-term tax benefits to consider. Foundation Source's Jeffrey D. Haskell shares four main tax benefits of giving to a private foundation.
12.10.18 US News
Gathering Place reports a $5 million combined commitment from HollyFrontier to the Park, Points of Light honors the life and legacy of our founder, President George H.W. Bush, The UL Innovative Education Award opens its 2019 application period, and more.
Raising a Generous Generation
By involving your children in your charitable decisions and actions, you can give them the desire, confidence and skills they will need to extend your family’s commitment to “doing good” and “giving back” well into the future.
9.24.18 US News
The John A. Hartford Foundation awards four new grants totaling nearly $7 million, The Johns Hopkins All Children’s Research and Education building officially opens, Mercy Corps deploys to the hardest hit areas in North and South Carolina, and more.
Ever Consider Applying for Funding from Family Foundations?
Nonprofits have an opportunity to look beyond the largest foundations and focus their attentions on the largely untapped reservoir of family foundations.
5.22.17 US Nonprofit News
WBUR’s 2017 Gala raised approximately $750,000 to support independent news and programming, Miranda Lambert will host the MuttNation March on June 8th to help spread awareness for shelter dog adoption, Comfort Cases has been chosen as the May Charity of the Month by Sticky Fingers, and more.
2.27.17 US Nonprofit News
WHRO Public Media receives a $3 million gift from Hampton Roads leader Jane Batten, Maternity Care Coalition honors the W.K Kellogg Foundation with the Spirit of Motherhood Award, Bonnaroo Works Fund is accepting grant applications until April 8th, and more.
10.17.16 US Nonprofit News
Habitat for Humanity of Snohomish County launched a 30 single-family home build project, Twin Creeks Village. Open Medicine Foundation received $260,000 from two donor families for expansion of its END ME/CFS project, and more.