The J. Paul Getty Trust is the single largest private operating foundation in the U.S. today, with over $12 Billion in assets. Many times, an artist or collector wishes to preserve their collection by ...

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 ...

From the dawn of recorded history, those who have the means have purchased or otherwise financed the work of those whom we call artists – talented individuals capable of producing what we call works ...

Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...

When we advise clients with private foundations, we have to remember that one size does not fit all. The nearly 100,000 private non-operating foundations in the U.S. vary widely, from the amount of ...

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

Douglas Moore, national director of estate & charitable planning, and Ajay Badlani, head of U.S. Private non-operating foundations in recent years have faced increasing governmental scrutiny of their ...

First capital deployment in the U.S. of the nonprofit to fund English-language learning program in partnership with Project Rousseau MIAMI--(BUSINESS WIRE)--Foundever™, a global leader in the customer ...

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 ...

With the extended 990-PF filing deadline approaching for private foundations on a calendar year accounting period, foundation leaders should ensure that they have paid the 1.39% net investment income ...

Alya Michelson is the co-chair of Michelson Philanthropies, a Los Angeles-based network of private operating foundations founded and cochaired by her husband, spinal surgeon, inventor and ...

MIAMI--(BUSINESS WIRE)--Foundever™, a global leader in the customer experience (CX) industry, today announced the official launch of its private operating foundation and 501(c)3, Foundever.org, with ...