COMPLIANCE

Navigate your way through.

Ensuring compliance with rules and regulations is critical to ensuring a private foundation's success in achieving its mission. By committing to following IRS guidelines, foundations not only cultivate transparency and trust but also safeguard their ability to make a meaningful impact. Our Compliance services ensure that your foundation remains compliant of the ever-changing regulations.

COMPLIANCE SERVICES

FILINGS

We stay on top of the latest filing requirements, so you don't have to.

In addition to tax returns, your foundation is required by law to complete additional filings. Ensuring compliance with all legal obligations is our priority. We diligently manage the filing of required forms, guaranteeing that your foundation remains fully compliant with all applicable laws.

MINIMUM DISTRIBUTION

We stay on top of your Distribution requirements and ensure that you know what is required.

Private foundations need to pay out a specific amount in grants and eligible expenses each year. Failure to pay out the minimum results in a 30% tax on the unpaid amounts. We track these amounts and ensure that they are communicated to you so that you are never unaware of your pay out requirements.

ACKNOWLEDGEMENT LETTERS

Acknowledging donations into your foundation is required. We take care of this for you.

Whenever a donation is made into your private foundation the donations need to be acknowledged in writing. We ensure that all donations are properly acknowledged to ensure compliance.