Benefits of a Private Foundation

Family legacy

A private foundation establishes a legacy of giving that can carry the family name, supports causes that are important to you, and promotes charitable activities into the future.

Control

Private foundations provide the greatest control of any planned giving vehicle. You decide which charities to support and how the assets are invested. You also have great latitude as to the types of assets you can donate to the foundation.

Family involvement

A private foundation enables you to involve the family in philanthropy and pass values on to future generations.

Current tax deduction for future grants

You can take an immediate tax deduction for contributed assets, even if the foundation does not make charitable grants until a later date. You are also able to remove taxable assets from your estate, without incurring capital gains taxes.

Flexible Grant Making

You retain full control over granting decisions made by the foundation. You also have much greater flexibility as to the types of grant making you conduct, which can include grants to individuals, scholarships and international grant making.

Tactical Wealth Advisors, LLP

Investment advisory services are provided through Tactical Wealth Advisors, LLP a Registered Investment Advisor. The information contained on this site is for educational purposes only, it is not intended to be professional tax or legal advise; consult a tax advisor about your specific situation.