Private Foundations and Charitable Planning

HOW WE HELP YOU:

We take on all the administrative aspects involved with managing a private foundation. Whether starting or managing a private foundation, contributing to a donor-advised fund, or planning your charitable giving, we will guide you through effective tax strategies and philanthropic planning. Our proactive guidance helps you navigate complex reporting requirements, avoid risks like self-dealing, and stay on track to achieve your long-term philanthropic mission.

WHO WE WORK WITH:

Business owners, high-income earners, and high-net-worth families who are charitably inclined

WHAT WE DELIVER:

We deliver all the support you need to help achieve your philanthropic endeavors through a private foundation.

Services
Private Foundations and Charitable Planning

Our service offerings are designed to help you with all your private foundation needs. From initial planning through investment management, we enable you to focus directly on your charitable pursuits. We take on the burden of managing your foundation’s administrative requirements with our outsourced accounting and tax services.

Tax Planning Compliance
Forms 990-PF & 990-T
Investment Management
Unrelated Business Tax Income (UBTI)
Excise Tax
Minimum Distribution Calculations
Grants Management
Wire Payment Processing
Outsourcing Administration

Making a difference begins with selecting the best framework for your philanthropic contributions. One option to explore is a donor-advised fund (DAF), which may be an appealing alternative to establishing a private foundation.

A DAF offers an efficient and flexible solution as you create your charitable giving strategy. It’s a straightforward, cost-effective, and tax-friendly way to manage donations.

By partnering with Wiss to set up a DAF, you maintain control over where your donations are directed while we take care of the administrative details.