This year’s Business Journal list of corporate and private foundations lost a few names after we narrowed rankings to firms most connected to Orange County charities, as opposed to earlier lists based ...

A hypothetical state law for-profit company, which may be a bank, credit union, insurance company, healthcare organization, or other entity (“Company”) intends to establish a charitable organization ( ...

Many successful business owners attribute some part of their success to their community. For some of these owners, it is not enough to simply acknowledge this “debt”; they feel an obligation to share ...

Have you ever wondered how the elite continue to reduce taxes, support their favorite causes and keep their wealth intact? It may seem like they're using a secret playbook. But it's all about using ...

Private foundations are powerful tools for philanthropy, enabling individuals and families to make a lasting impact on the causes they care about. However, with great power comes great responsibility.

When philanthropic individuals and families think about their larger giving strategy, they tend to first focus on the “who” and the “how much.” Everyone has different priorities and motivations around ...

Creating a private family foundation offers affluent families a structured way to direct their philanthropic efforts and establish a lasting legacy that aligns with their values. However, this ...

Private foundations offer a robust philanthropic toolkit and are the gold standard for helping families build lasting legacies – but they can be tricky for donors to administer on their own without ...

A proposed deal could see the San Diego Foundation cover $18 million of county social services contracts — and the county ...

The endowments of private and community foundations turned in double-digit returns for the second year in a row in 2024, strengthening their ability to support nonprofits for the long haul, according ...

Annual donations by Orange County’s largest individual and family foundations collectively dipped less than 1% from a year earlier, according to this week’s Business Journal list. The 37 private ...

Heirs can generally benefit from a step-up in basis of inherited assets to their fair market value (FMV) as of the date of the decedent’s death. A recent program manager technical advice (PMTA) makes ...