Forbes contributors publish independent expert analyses and insights. Global tax strategy and legacy design for families and founders. The charitable trusts may be used in conjunction or separately ...

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 ...

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 ...

When philanthropic individuals and families think about their larger giving strategy, they tend to first focus on the “who” and the “how much.” Everyone has different priorities and motivations around ...

Donor-advised funds and private foundations offer two ways to financially support causes while gaining valuable tax deductions. Each permits donations of non-cash donations that may include securities ...

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 ...

It’s the latest sign of the OCIO industry’s expansion: More private and community foundations are hiring an outsourced investment office, according to a recent annual report on those institutions by ...

On Aug. 1, 2025, the Internal Revenue Service issued Private Letter Ruling 202531009, offering essential insight into the compliance requirements for private foundations supporting foreign ...