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 ...

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

Many successful business owners attribute some part of their success to their community. For some of these owners, it is not enough to simply acknowledge this “debt”; they feel an obligation to share ...

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 ...

I often get asked ‘What is the best vehicle for managing charitable funds?’. This is very much a question that doesn't have a straight forward answer and is best reviewed in context of your overall ...

operating and administrative costs in 2001, according to one of the first comprehensive looks at foundation expenses. But the percentage spent by individual foundations varied widely, from less than 5 ...

The nonprofit world breathed a sigh of relief Tuesday when the Senate finally approved the tax bill without language that would have sharply increased taxes on private foundations. The removal from ...