Private foundations may now own philanthropic businesses whose profits are dedicated to charity without the prohibitive excess business holdings tax. Newman’s Own Foundation was the proponent of ...

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 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 ...

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 ...

The National Center for Non-Profit Sector (“NCNPS”) is the supervisory body of civil society organizations and private foundations. The NCNPS regulates civil society organizations and private ...

In today’s increasingly data-driven world, clients establishing private family foundations may be unknowingly exposing their personal privacy and security. While PFs remain a valuable tool for ...

The global pandemic provided a greater appreciation for (and participation in) philanthropy. During the past two years, both new and longtime donors have risen to the occasion to seek ways to help ...

Following its exit from the pharmaceutical industry last year, Milwaukee-based The Dohmen Co. announced today it has transitioned from being a family-owned corporation to a benefit corporation owned ...

A public nonprofit organization is also known as a public charity. A private nonprofit organization is also known as a private foundation or a nonprofit foundation. It can sound quite confusing and, ...