eCourse
Structuring Private Foundations
Contains material from Feb 2019
Session 2: Private Foundation Restructuring and Terminations - When it comes to restructuring or terminating a private foundation, the devil is in the details. An error could result in a termination tax on the value of the net assets of the private foundation. Hear a high level legal and accounting review of the major considerations with private foundation mergers, split-ups, and terminations, including practical solutions such as utilizing a donor-advised fund as part of a termination.
Includes: Audio Paper Slides
Preview Sessions
Show session details
Hillary Bounds, Andrew Schulz
Download session materials for offline use
Session 1
—43 mins
Managing Private Philanthropy: 501(C)(4)s, Donor Advised Funds, and LLCs: Alternatives to Private Foundations? (Feb 2019)
Some social entrepreneurs find that the operational restrictions that come with private foundations inhibit their ability to pursue social change through a broad array of tactics and strategies. For those philanthropists, other vehicles (DAF’s, Social Welfare Organizations, and LLC’s) are complimenting their foundation work or replacing it altogether. Define these structures, examine how they differ from private foundations, and learn the common ways they are being used to achieve philanthropic goals.
Originally presented: Jan 2019 Nonprofit Organizations Institute
Hillary Bounds,
Chan Zuckerberg Initiative - Palo Alto, CA
Andrew Schulz,
Arabella Advisors - Washington, DC
Show session details
Jennifer Becker Harris, Kimberly Eney
Download session materials for offline use
Session 2
—40 mins
Private Foundation Restructuring and Terminations (Feb 2019)
When it comes to restructuring or terminating a private foundation, the devil is in the details. An error could result in a termination tax on the value of the net assets of the private foundation. Hear a high level legal and accounting review of the major considerations with private foundation mergers, split-ups, and terminations, including practical solutions such as utilizing a donor-advised fund as part of a termination.
Originally presented: Jan 2019 Nonprofit Organizations Institute
Jennifer Becker Harris,
Clark Nuber PS - Bellevue, WA
Kimberly Eney,
Latham & Watkins LLP - Washington, DC