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 ( ...

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 ...

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 ...

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 ...

Private foundations must donate 5 percent of their assets every year. Elon Musk’s enormous charity missed that standard for three consecutive years. By David A. Fahrenthold and Theodore Schleifer ...

Congress is considering a tax proposal that would hurt Idaho communities, penalizing the very institutions that fund some of Idaho’s most impactful work. Currently, private foundations pay a 1.39% ...

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 ...

A significant shift is occurring in the educational and career paths of young Americans, highlighting the growing recognition of alternative educational paths and changing workforce demands. According ...