Do my Exponent Philanthropy membership dues count toward my distribution requirement? - Exponent Philanthropy

Do my Exponent Philanthropy membership dues count toward my distribution requirement?

Yes. Exponent Philanthropy membership dues are a qualifying distribution for your foundation as an administrative expense that furthers your foundation’s charitable work. In fact, we strongly encourage you to account for the payment as an administrative expense rather than a grant. When a foundation makes a grant, the law requires that no benefit accrue to the foundation in return. If you choose to count membership dues as a grant, you will be prohibited from receiving any member benefits.

Still have questions?

Members can access staff experts through our Q&A service by calling 202-580-6560, or post a question to the member community to hear form peers in the field.

Explore our Q&A archive