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

Many successful business owners attribute some part of their success to their community. For some of these owners, it is not enough to simply acknowledge this “debt”; they feel an obligation to share ...

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 ...

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 ...

I often get asked ‘What is the best vehicle for managing charitable funds?’. This is very much a question that doesn't have a straight forward answer and is best reviewed in context of your overall ...

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 ...

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 ...

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