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 ( ...

In his influential 1889 work "The Gospel of Wealth," Andrew Carnegie postulated that the affluent have an obligation beyond providing for their own families—to utilize their fortunes as public trust ...

IRS Private Letter Ruling 202550004 addresses tax implications when charitable trust distributes all assets to private foundation ...

Choosing among various charitable-giving options can be a challenging proposition for your clients. The most common options are creating a private foundation (PF), contributing to a donor-advised fund ...

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

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, ...

The National Center for Non-Profit Sector (“NCNPS”) is the supervisory body of civil society organizations and private foundations. The NCNPS regulates civil society organizations and private ...

While members of Congress are in Washington, D.C., grappling with tax reform, the people of Minnesota are looking at a mixed bag. On one hand, extending President Donald Trump’s 2017 tax cuts is a ...