As a private foundation, it is important to know which category the potential grantee falls into; knowing a grantee is a 501(c)(3) is not enough. We have several resources on our website that can help you with due diligence. Charity Check is a one-stop due diligence tool offered by GuideStar that provides up-to-date information on all... Read More
This resource includes a sample whistleblower/anti-fraud policy as a download. Information on creating records retention policies is available here. This article on conflict of interest policies includes sample downloads. Read More
We don’t offer consulting services that would help in setting up a foundation. We do have relationships with a number of firms and private consultants who do that kind of work. They’re listed in our Directory of Advisors. If the foundation has already been started and the family wants to get up to speed on... Read More
There are none, but do keep in mind that your donation counts toward your foundation’s 5% distribution requirement. Read more about creating and donating to DAFs in our “Strategic Uses of Donor Advised Funds” resource. Read More
You can find the information that we have collected from Exponent Philanthropy members on page 39 of the 2017 Foundation Operations and Management Report. Read More
Lawyers will review documents but will not draft or edit documents. The attorneys providing the service are experts in legal issues related to foundations, public charities, and the use of donor advised funds. The service will generally be based on United States federal tax law, as interpreted by the courts and the Internal Revenue Service.... Read More