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 ...

When philanthropic individuals and families think about their larger giving strategy, they tend to first focus on the “who” and the “how much.” Everyone has different priorities and motivations around ...

Scores of private charitable foundations, set up by some of the nation's wealthiest people, received money from the federal government's Paycheck Protection Program, which was created last spring to ...

The ultra-wealthy are using charitable giving vehicles like donor-advised funds and private foundations to avoid taxes and exert influence, at the expense of ordinary taxpayers, according to a new ...

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 ...

Donor-advised funds (DAFs) have emerged as a popular charitable giving vehicle that centralizes and streamlines a donor's charitable giving online, without the administrative burdens of a private ...

While members of Congress are in Washington grappling with tax reform, the people of Kansas are looking at a mixed bag. On the one hand, extending President Trump’s 2017 tax cuts is a worthy effort ...

While Congress is in Washington grappling with tax reform, the people of Tennessee are looking at a mixed bag. On the one hand, extending President Donald Trump’s 2017 tax cuts is a worthy effort that ...

In my conversations with clients, I’m often asked how they can leave a legacy. As we establish an estate plan and discuss how wealth will transition to heirs, we talk about how they can not only leave ...