10 Rules Every Foundation Should Know About Compliance

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Running a private charitable foundation can be one of life’s most rewarding experiences—a chance not only to make a real difference in the community—but also to carry out your philanthropy with the personal signature and control that only a private foundation can offer.

This booklet summarizes 10 common issues and pitfalls with compliance we encounter in the daily administration of hundreds of private foundations, ranging in size from $250,000 to over $500 million.

This information is provided to make donors, directors, staff and advisors more aware of some of the factors that govern private foundations. It is not intended as a substitute for legal, tax or investment advice, nor should it be construed as a comprehensive guide to foundation rules.

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