Consider a Private Foundation to Fulfill Your Philanthropic GoalsOn February 14, 2013 by Schnader
There are a variety of vehicles through which individuals and families can promote their charitable giving goals, and private foundations are often a leading choice. For many donors, private foundations offer an appropriate vehicle for promoting philanthropic interests, one that affords control while providing a means to establish a family legacy and a tradition of giving. This Alert explores the benefits of creating a private foundation, as well as the administrative and tax considerations that should be taken into account.
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