What is a disqualified person?
Posted on May 15, 2013 by Benjamin T. White
Self-dealing is defined to include almost all business and financial transactions between a private foundation and its “disqualified persons.” So what is exactly is a disqualified person? The following is excerpted from the National Center for Family Philanthropy’s Passages Issue Brief, “Avoiding Conflicts and Self-Dealing for Family Foundation Boards,” by Ben White. Friends of the Family and FP Online subscribers… Read More