private foundations

_{This is an updated version of a column that originally appeared in Wealth Management.}

By Ken Nopar, VP-Senior Philanthropic Advisor

By Ken Nopar, VP-Senior Philanthropic Advisor

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 Gavin Morrissey, JD, LLM, AIF®
Guest Columnist