Beware of Self-Dealing within Private Foundations
Submitted by American Endowment Foundation on August 30th, 2021by Gavin Morrissey, JD, LLM, AIF®
Guest Columnist
For Advisors: Open A DAF Account | Getting Started
For Donors: Grant Making Portal | Getting Started
Every week, get the latest in best practices and strategies on how donor advised funds can solve a variety of tax & financial planning concerns. Sign up for AEF Insights.
by Gavin Morrissey, JD, LLM, AIF®
Guest Columnist
Every two weeks, American Endowment Foundation (AEF) sends our AEF Guidance for Good newsletter to our donors. These columns are designed to help them achieve their charitable goals.
By Ken Nopar, VP-Senior Philanthropic Advisor
This column originally appeared in Advisor Perspectives.
By Ken Nopar, VP-Senior Philanthropic Advisor
This column originally appeared in Financial Advisor.
The number and size of donor advised fund (DAF) accounts continue to grow. Many clients establish them when their financial, legal and tax advisors inform them of the benefits both to them as well as the charities they support.
By Kirk Hoopingarner, Attorney & Partner, Quarles & Brady, Chicago
For many years, donors have utilized private grant making foundations for charitable giving. Organized as either trusts or corporations, such entities have served as a means for making substantial tax deductible contributions while spreading out the actual contributions to charities over many years.
By Ken Nopar, VP-Senior Philanthropic Advisor
This column originally appeared in Wealth Management.
By Eric Kinaitis
By Ken Nopar, VP - Senior Philanthropic Advisor
Many clients regularly review and update their estate plans, and more have done so over the past year than in normal years. Similarly, many clients with DAF accounts have contemplated whether their donor advised fund succession or disposition plan is still appropriate.
By Ken Nopar, VP-Senior Philanthropic Advisor
Over the years, many financial, legal, and tax advisors who have worked with American Endowment Foundation (AEF) have requested information & guidance to help their clients become more effective donors. This is true both for clients who are new to philanthropy as well as those who have been active for some time.
By Dawn Jinsky, CPA, CFP® , Guest Columnist