CPA KPA

08/28/2026

Private foundations are often closely connected to a family business or sponsoring company. Subject to specific private foundation self-dealing rules, the foundation may operate from the same building, use some of the same equipment, or rely on employees who also work for the business.

06/11/2026

Yes, you generally can donate to a newly formed private foundation while its IRS application for tax-exempt status is still pending. However, there is an important catch: until the IRS approves the foundation’s exemption application, the donor does not have final assurance that the contribution wi...

01/29/2026

Explore top LinkedIn content from members on a range of professional topics.

09/12/2025

Private foundations file Form 990-PF every year. It’s not just a tax return—it’s a public accountability statement.

08/27/2025

07/28/2025

Bookkeeping may not make headlines, but it plays a central role in the health and credibility of any private foundation. Financial records do more than just track numbers; they reflect how responsibly your foundation stewards its charitable mission.

07/14/2025

When it comes to charitable giving, donor-advised funds (DAFs) and private family foundations are two of the most popular vehicles available. Both can provide immediate tax benefits and a structured way to support the causes you care about.