| Description |
1 online resource (xviii, 262 pages) : illustrations |
| Series |
Bloomberg financial series |
|
Bloomberg financial series.
|
| Contents |
Machine generated contents note: ch. 1 Basics of Charitable Giving -- Direct Gifts -- Supporting Organizations -- Donor-Advised Funds -- Private Foundations -- Conclusion -- ch. 2 Tax Incentives and Limitations -- Four Powerful Tax Incentives -- Details on Tax Deduction Limits -- Finding the Best Giving Strategy -- $1.6 Trillion Loss -- Estate Taxes -- Conclusion -- ch. 3 Charitable Planning and Taxes -- Giving Approach -- Tax Planning Complexity -- Guidelines for Analytical Expenditure: Or Is Analysis Worth It? -- What to Do When Tax Rates Are Uncertain -- Timing of Gain Realization -- Charitable Remainder Trusts and Deferral -- Conclusion -- ch. 4 Planning with Charitable Lead Trusts and Charitable Remainder Trusts -- Charitable Lead Trusts -- Charitable Remainder Trusts -- Flexibility and Irrevocability -- ch. 5 Foundations and Children -- Affluenza -- Bringing Families Closer -- Transmitting Values -- Providing Valuable Skills -- Conclusion -- ch. 6 Benefits of Giving While You're Still Alive -- Personal Satisfaction -- Create a Legacy -- Problem with Waiting -- From the Grave: Control-But Not Too Much -- What about Too Little Direction? -- Who Gets Control? -- Conclusion -- ch. 7 Effective Foundations: The Business of Philanthropy -- Mission Revisited -- Getting Started -- Know Your Charities -- Governing for Effectiveness -- Approaches to Grant Making -- You Get What You Negotiate -- Stand on the Shoulders of Others -- Outside Experts Can Make the Difference -- Types of Support: Periodic versus Endowment, General versus Program -- Is Measurement Worthwhile? -- Establishing Measures -- Provide Feedback -- Give Wisdom in Addition to Wealth -- Give Strategically -- Exercise of Leverage -- Make Foreign Donations Deductible -- Use Public Relations Effectively -- Create Financial Leverage through Tax-Exempt Financing -- Let Your Foundation Do the Dirty Work -- Conclusion -- ch. 8 Road to Hell: Beware of Unintended Consequences -- Food Aid -- Private Charity and Unintended Consequences -- Fungible Money and Inadvertent Funding of Terrorism -- How to Give Restricted Grants -- Poverty-Again -- ch. 9 Developing an Appropriate Foundation Investment Policy -- What to Include in an Investment Policy -- Conclusion -- ch. 10 Developing and Implementing a Foundation Asset Allocation Policy -- Differences between Corporation and Foundation Investment Plans -- Seven Deadly Sins of Foundation Asset Allocation Policy -- Developing a Good Asset Allocation Policy -- Should an Asset Allocation Policy Change over Time? -- Capturing the Rebalancing Bonus -- Active Management versus Indexing -- Who Is Responsible for the Asset Allocation Policy? -- Conclusion -- ch. 11 Main Themes in Legal Compliance -- Some Compliance Errors May Seem Funny, but They're Not -- Fail-Safe System -- Required Activities -- Prohibited Activities -- Conclusion -- ch. 12 Fraud, Inflation, and Market Risk -- Stanford Case -- Enron -- Baptist Foundation of Arizona Case -- Bre-X Fraud -- Allied Capital -- Fraudulent or Not? You Decide -- What Is XYZ? -- How Will Social Security End? -- Promised Benefits -- Real Terms -- Inflation: A Brief History -- Inflation Indexing -- Foundations and Endowments Are Highly Exposed to Inflation -- Avoiding Fraud -- ch. 13 Other Planned Giving Vehicles -- Charitable Gift Annuity -- Gift Annuities versus Regular Annuities -- Partial Exclusion of Annuity Payments from Income Tax -- Bargain Sale -- Charitable Gift Annuity versus CRT -- Remainder Gifts with Retained Life Estate -- Pooled Income Funds -- ch. 14 Donor-Advised Funds -- History -- Guidelines -- Highlights -- Fees and Costs -- ch. 15 Building Assets with Charitable Planning -- Professionally Managed, Turnkey Private Foundations -- Foundation Manager s Role -- Conclusion -- ch. 16 How to Select a Foundation Manager -- Choosing a Full-Service Manager -- Conclusion -- ch. 17 What Can You Donate to Charity? -- Publicly Traded Securities -- Nonpublicly Traded Business Interests -- Tangible Personal Property -- Intangible Personal Property -- Qualified Retirement Plans -- Real Estate -- Conclusion -- ch. 18 When the Shoe No Longer Fits -- Private Foundations -- Charitable Remainder Trusts -- Getting Rid of Other Charitable Vehicles |
| Summary |
"Establishing a private foundation is not only of benefit to tax and estate planning, but is a powerful way to help your community and build a permanent legacy. Managing Foundations and Charitable Trusts is an essential guide to setting up a private foundation, whether you are looking to establish one or provide financial advice to those who are. Already nearly five percent of high-net-worth individuals have private foundations, and interest in setting up charitable organizations is on the rise. This new edition looks at the latest issues such as: Avoiding and detecting fraud The growth of donor advised funds Charitable planning in the face of tax rate uncertainty What to do when private foundations get too small This straightforward and authoritative guide explains the reasons for establishing a foundation, the steps for setting one up, and tips for avoiding common pitfalls. Author Roger Silk and his firm are well known in the adviser community for providing professional management to foundations, and he covers the ins and outs of private foundations from the perspective of both philanthropists and the advisers who work with them"-- Provided by publisher |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Print version record |
| Subject |
Nonprofit organizations -- Management
|
|
Charitable uses, trusts, and foundations -- Management
|
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BUSINESS & ECONOMICS -- Nonprofit Organizations & Charities.
|
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Charitable uses, trusts, and foundations -- Management
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Nonprofit organizations -- Management
|
| Form |
Electronic book
|
| Author |
Lintott, James W
|
| ISBN |
9781118531617 |
|
1118531612 |
|
9781118093498 |
|
1118093496 |
|
9781118093504 |
|
111809350X |
|
9781118093511 |
|
1118093518 |
|
1283176599 |
|
9781283176590 |
|
