Have you ever wondered how the elite continue to reduce taxes, support their favorite causes and keep their wealth intact? It may seem like they're using a secret playbook. But it's all about using ...

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 ...

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 ...

Most people are familiar with the charitable activities of private foundations bearing names of the giants of U.S. business—the Rockefeller, MacArthur and Bill and Melinda Gates Foundations, to name ...

Private foundations are powerful tools for philanthropy, enabling individuals and families to make a lasting impact on the causes they care about. However, with great power comes great responsibility.

Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...

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 ...

Forbes contributors publish independent expert analyses and insights. I'm a global philanthropy advisor and author of Delusional Altruism. Health conversion foundations have emerged as pivotal players ...

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 ...

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 ...