Four Ways Foundations Find Themselves in Trouble

Types : Bylined Articles

Private and family foundations are subject to more stringent tax laws and regulations than ever before. Understanding the nuances of private foundation laws is especially important now, given increased scrutiny of tax-exempt organizations by Congress and the Internal Revenue Service (IRS). As private foundations transition to successive generations of leadership, the challenges will become even more complicated. The following are four areas from which complications and issues often arise.

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