From the dawn of recorded history, those who have the means have purchased or otherwise financed the work of those whom we call artists – talented individuals capable of producing what we call works ...

The J. Paul Getty Trust is the single largest private operating foundation in the U.S. today, with over $12 Billion in assets. Many times, an artist or collector wishes to preserve their collection by ...

Philanthropically minded donors often consider creating and funding a charitable organization that will make charitable grants with the objective of establishing a lasting legacy. Such donors quickly ...

With the extended 990-PF filing deadline approaching for private foundations on a calendar year accounting period, foundation leaders should ensure that they have paid the 1.39% net investment income ...

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 ...

When we advise clients with private foundations, we have to remember that one size does not fit all. The nearly 100,000 private non-operating foundations in the U.S. vary widely, from the amount of ...

The nonprofit world breathed a sigh of relief Tuesday when the Senate finally approved the tax bill without language that would have sharply increased taxes on private foundations. The removal from ...

ALBANY — The foundation that supports fundraising efforts and other activities at the state University at Albany has not been audited by SUNY administrators in more than 10 years, according to a ...

FAIRFIELD, Conn.--(BUSINESS WIRE)--Foundation Source, the nation’s largest provider of comprehensive support services for private foundations, today released its 2018 Annual Report on Private ...

There are 37,500 family foundations in the United States. About 60 percent of them have assets of less than $1 million. The costs of maintaining private foundations, as well as the time commitment ...

The following legal definitions are adapted from the first chapter of Charitable Foundations: the Essential Guide to Giving and Compliance, by Daniel N. Belin, a lawyer and consultant with more than ...

While the actions of big foundations like Ford and Rockefeller can turn heads in philanthropic circles, 98% of foundations in the U.S. are smaller, holding $50 million in assets or less. These ...