Creating a private family foundation offers affluent families a structured way to direct their philanthropic efforts and establish a lasting legacy that aligns with their values. However, this ...

When it comes to guiding clients with their charitable giving, advisors have several options. Among the most popular are donor-advised funds (DAFs) and private foundations. Grants from DAFs totaled ...

It’s the latest sign of the OCIO industry’s expansion: More private and community foundations are hiring an outsourced investment office, according to a recent annual report on those institutions by ...

CHICAGO--(BUSINESS WIRE)--Northern Trust is partnering with Foundation Source, a leading provider of cloud-based charitable giving solutions, to help streamline the operational and grantmaking needs ...

While members of Congress are in Washington grappling with tax reform, the people of Utah are looking at a mixed bag. On the one hand, extending President Trump’s 2017 tax cuts is a worthy effort that ...

Private foundations must donate 5 percent of their assets every year. Elon Musk’s enormous charity missed that standard for three consecutive years. By David A. Fahrenthold and Theodore Schleifer ...

While members of Congress are in Washington, D.C., grappling with tax reform, the people of Minnesota are looking at a mixed bag. On one hand, extending President Donald Trump’s 2017 tax cuts is a ...