Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...

Both have 501(c)(3) status, but they operate differently Reviewed by Lea D. Uradu Fact checked by Vikki Velasquez The Internal Revenue Service (IRS) allows for the creation of tax-exempt charitable ...

It’s often assumed that donations of real estate to private foundations aren’t ideal because the charitable deductions for such donations are typically limited to whichever is less: the donor’s cost ...

private foundations provide more control and give founders the ability to run direct charitable programs; and charitable trusts integrate giving with income or estate planning. You can help your ...

In my conversations with clients, I’m often asked how they can leave a legacy. As we establish an estate plan and discuss how wealth will transition to heirs, we talk about how they can not only leave ...

When philanthropic individuals and families think about their larger giving strategy, they tend to first focus on the “who” and the “how much.” Everyone has different priorities and motivations around ...

The ultra-wealthy are using charitable giving vehicles like donor-advised funds and private foundations to avoid taxes and exert influence, at the expense of ordinary taxpayers, according to a new ...

Charitable organizations are often caught off-guard by the compensation rules for tax-exempt organizations. Implementing proper protocols before compensating directors, officers, trustees and key ...

I live in Southern California and am a female solo ager. I do not trust many people due to unfortunate life experiences. For this reason, I am suspicious of revocable living trusts, which are private ...

Charitable trusts and private foundations are powerful tools that allow individuals and families to support causes they care about. Both options allow you to create a meaningful legacy and ensure that ...