Foundation Source: The Tax Benefits of Creating a Private Foundation
February 13, 2020
February 13, 2020
FAIRFIELD, Connecticut, Feb. 13 -- The Foundation Source issued the following news release:
As the April 15th tax filing deadline looms, people are thinking about how to reduce their taxes for next year. That's why, for many philanthropic high-net-worth individuals, the significant financial benefits of establishing a private foundation might be especially compelling right now.
"Suppose an individual has highly appreciated stock that he or she is reluctant to sell . . .
As the April 15th tax filing deadline looms, people are thinking about how to reduce their taxes for next year. That's why, for many philanthropic high-net-worth individuals, the significant financial benefits of establishing a private foundation might be especially compelling right now.
"Suppose an individual has highly appreciated stock that he or she is reluctant to sell . . .