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 ...

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 ...

Scores of private charitable foundations, set up by some of the nation's wealthiest people, received money from the federal government's Paycheck Protection Program, which was created last spring to ...

Many individuals and families contemplate establishing a private foundation as a means to give back to their communities or support causes close to their hearts. By utilizing a foundation, they can ...

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 ( ...

The ultra-wealthy are using charitable giving vehicles like donor-advised funds and private foundations to avoid taxes and exert influence, at the expense of ordinary taxpayers, according to a new ...

Self-dealing is a clear violation, and avoiding it is fundamental for private foundations. The foundation is a separate legal entity, and its funds should be exclusively used for charitable purposes.

Orange County’s individual and family foundations kept up their giving recently even as the recession knocked down the region’s wealth. The county’s 36 largest private foundations on our list, ranked ...

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

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