Six Reasons Clients Should Consider Private Foundations
One of the most effective ways clients can make a positive impact on the world is through charitable giving.
While giving can take many forms, private foundations have taken on a key role, with approximately 15 percent of all charitable gifts (about $60 billion) coming from such foundations in 2016, according to Charity Navigator. Use of this giving vehicle has continued to expand to include families of moderate wealth, in addition to more traditional foundation backers, such as corporations and very affluent individuals.