Farah Private Wealth Management, LLC

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:

  1. Proper filings with the Internal Revenue Service
  2. State Tax Board
  3. State Board Registry
  4. Mission Statement
  5. Qualified Board Members
  6. Investment Policies
  7. Gaining Accreditation
  8. Accountability
  9. Annual Reports
  10. Tax Returns
  11. Transparency
  12. Standards for Gifting to Qualified Charities, which includes a thorough review of their financials.