Private Foundation Law Made Easy

The ins and outs of private foundation law--made easy!

Written by renowned author Bruce R. Hopkins, Private Foundation Law Made Easy is a must-read guide for accountants, consultants, investors--anyone needing to know the essentials of the laws involving private foundations.

This authoritative guide presents in-depth discussions on the differences between a private foundation and a public charity, as well as the special foundation rules concerning tax law rules, mandatory payouts, prohibited expenditures, self-dealing, and excess business holdings. It also covers crucial prudent investment standards, unrelated business rules, and charitable giving rules.

Designed to get you quickly up to speed, you will discover:

• How to invest your foundation's endowment
• Invaluable information on assets involved in the calculation of the mandatory payout requirement
• Advice on how to file annual returns with the IRS
• The alternatives to private foundations
• How to creatively use supporting organizations

Packed with practical tips and invaluable advice, Private Foundation Law Made Easy sheds light on complex legal issues concerning private foundations with plain-language explanations of laws and regulations for non-legal professionals.