Managing foundations and charitable trusts
Subtitle: essential knowledge, tools, and techniques for donors and advisors
By: Roger D. Silk and James W. Lintott
Contributors: Lintott, James W.
Series: Bloomberg financial series
Publisher: Bloomberg Press
Published: 2011
Place of publication: Hoboken, N.J
Language: eng
ISBN-13: 9781118038260
Subjects: Nonprofit organizations; Charitable uses, trusts, and foundations; Management
Description: "Establishing a private foundation is not only of benefit to tax and estate planning, but is a powerful way to help your community and build a permanent legacy. Managing Foundations and Charitable Trusts is an essential guide to setting up a private foundation, whether you are looking to establish one or provide financial advice to those who are. Already nearly five percent of high-net-worth individuals have private foundations, and interest in setting up charitable organizations is on the rise. This new edition looks at the latest issues such as:         Avoiding and detecting fraud     The growth of donor advised funds     Charitable planning in the face of tax rate uncertainty     What to do when private foundations get too small       This straightforward and authoritative guide explains the reasons for establishing a foundation, the steps for setting one up, and tips for avoiding common pitfalls. Author Roger Silk and his firm are well known in the adviser community for providing professional management to foundations, and he covers the ins and outs of private foundations from the perspective of both philanthropists and the advisers who work with them"--
Notes: Includes index.