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 ...

As charitable giving becomes more structured and more deeply embedded in family identity, many families are asking whether a ...

In his influential 1889 work "The Gospel of Wealth," Andrew Carnegie postulated that the affluent have an obligation beyond providing for their own families—to utilize their fortunes as public trust ...

Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...

Through a family foundation, you can make a powerful impact on causes close to your heart and leave a charitable legacy to future generations. However, it’s important to understand the specific ...

Private foundations continued the increased giving last year that grew out of the pandemic, social justice problems and humanitarian needs, according to Foundation Source. Private foundations gave ...

Both have 501(c)(3) status, but they operate differently Reviewed by Lea D. Uradu Fact checked by Vikki Velasquez The Internal Revenue Service (IRS) allows for the creation of tax-exempt charitable ...

Many successful business owners attribute some part of their success to their community. For some of these owners, it is not enough to simply acknowledge this “debt”; they feel an obligation to share ...

Chuck LaGrange is the executive director of the Stuller Family Foundation, a Christian-based private family foundation in Lafayette that has given over $70 million over the past 30 years to nonprofits ...

A larger share of family foundations have more money than they did a decade ago, and some are awarding a larger percentage of their assets. Nearly three quarters awarded more than the 5 percent ...

A recent Instagram post by the collector and advisor Ralph DeLuca made me laugh. At the top of the image, big, bold letters declare: “It was sold to a foundation…” Below, a photo shows an art handler ...