Foundation Management
Numerous firms advertise to invest a Foundation’s portfolio, but true Foundation Management is so much more! In-depth review of a Foundation rather a Public Entity, Private or Family Foundation should include the following:
- Proper filings with the Internal Revenue Service
- State Tax Board
- State Board Registry
- Mission Statement
- Qualified Board Members
- Investment Policies
- Gaining Accreditation
- Accountability
- Annual Reports
- Tax Returns
- Transparency
- Standards for Gifting to Qualified Charities, which includes a thorough review of their financials.