In Chief Counsel Advice (CCA) 202504014 (Jan. 24, 2025), a married couple established a private foundation (PF). The taxpayers, who both served as the PF managers, funded it with stock. Then, over ...

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 ...

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 ...

Charitable trusts and private foundations are powerful tools that allow individuals and families to support causes they care about. Both options allow you to create a meaningful legacy and ensure that ...

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 ( ...

Thoughtful estate planning is essential for artists seeking to ensure the long‑term preservation, management, and presentation of their lifelong work. Although executors and trustees can competently ...

Editor’s Note: Under the 2017 tax reform legislation, the 50 percent AGI limitation on cash contributions to public charities and certain private foundations increased to 60 percent for 2018-2025. 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 ...

LAKE PLACID — The Henry Uihlein II and Mildred A. Uihlein Foundation, based in Lake Placid, has operated as a private foundation since 2000, providing ongoing support to regional charities. Recently, ...

In Private Letter Ruling 202550004 (Dec. 12, 2025), the Internal Revenue Service ruled that a series of transactions that resulted in a charitable trust (the Trust) distributing all of its assets to a ...

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 ...