Voices from the Field

Have We Properly Verified the Tax-Exempt Status of Our Grantees?

Posted on January 11, 2017 by Adrian Bordone

Every grant award offers a potential risk that should be understood and properly mitigated. Providing grants to a charity that has had its tax-exempt status revoked — even unknowingly — can lead to the disbursement being considered a taxable expenditure, prevent foundations from meeting the annual 5 percent distribution requirement, and cause the IRS to levy excise taxes — stiff fines — on the foundations involved… Read More
Voices from the Field

Snow Day Survival Guide

Posted on December 14, 2016

So you’re cooped up in the house for the day. You may be tempted to hand over the internet-enabled devices to keep your kids out of your hair for a few hours. You could do that, or you could check out this guide for simple activities to help your kids practice generosity… Read More