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 ...

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 ...

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 ...

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 ...

As charitable giving becomes more structured and more deeply embedded in family identity, many families are asking whether a ...

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 ...

Philanthropically minded clients often create private foundations to structure their giving because foundations provide significant advantages: They give donors considerable control over investment ...

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 ...