Although foundations have an additional year to meet the minimum distribution requirement, most foundations make the required payout in the year it is generated (by estimating their year-end assets). Foundations that wait to make their payout in the subsequent year can be caught off guard by precipitously declining assets.
If it’s nearing year’s end and your foundation wants to fulfill its payout requirement within the calendar year, check out these year-end tips for meeting your minimum.
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