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 ( ...

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

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 continued the increased giving last year that grew out of the pandemic, social justice problems and humanitarian needs, according to Foundation Source. Private foundations gave ...

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 financial information of 188 grant makers. Of those, 134 foundations responded to a Chronicle questionnaire. The newspaper obtained data on the other foundations from their informational tax ...

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 ...

Grant making by private foundations is projected to decline 4.8 percent to $80 billion this year, according to new estimates from FoundationMark, a research organization. Assets held by private ...

CHICAGO--(BUSINESS WIRE)--Northern Trust is partnering with Foundation Source, a leading provider of cloud-based charitable giving solutions, to help streamline the operational and grantmaking needs ...

Preventing a massive tax hike by making the Tax Cuts and Jobs Act of 2017 permanent is an admirable goal. So is identifying additional sources of revenue to prevent deficits from growing. But imposing ...

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