Charitable Giving Opportunities for Investors Part 2 of 4


Family Foundations: Building a Legacy, Reaping Tax Benefits

A family foundation derives its assets from the members of a single family, in which the donor and the donor’s relatives play a significant role in managing the foundation. Aside from helping families channel their philanthropic ambitions, family foundations can form a legacy of community involvement and responsible citizenship for generations to come. As their founders soon realize, family foundations offer potential tax and estate planning benefits.


Cole Strickland, MBA
© 2012 S&P Capital IQ Financial Communications. All rights reserved.