Maintain control of your giving, support your community, and minimize tax on investment income

A private foundation offers special income tax benefits to its founders and donors, including tax deductions for contributions, reduced capital gains tax on appreciated assets, and reduced income tax rates on investment income. These foundations provide an opportunity for individuals, families, or corporations to engage in philanthropy while maintaining control over their charitable giving, as well as adhering to strict legal and financial regulations, to preserve the foundation’s tax-exempt status. Our firm can offer advice on the proper formation and registration of a foundation, manage accounting services and calculation of required charitable distribution amounts, as well as prepare and file your foundation’s annual Form 990-PF and supporting schedules. We’ll ensure that you understand and stay ahead of the complexities of private foundation management and help to ensure that you’re maximizing the tax benefits associated with charitable giving.