- Cash Contributions
- Appreciated Securities
- Real Estate
- Privately Held Interests
- IPO Stock
- Restricted Stock
- Life Insurance
|Startup time:||15 Minutes||Weeks or months|
|Admin Fees:||45 bps (0.45%) or less||Range from
|Annual AGI deduction limits*|
|Securities & property:||30%||20%|
|Valuation of gifts:||Fair Market Value||Fair market value for publicly-traded stock
Cost basis for all other gifts
|Annual minimum distribution:||None||5% of net asset value annually|
|Excise Taxes:||None||1% to 2% of net inv. income|
|Privacy:||Confidential or recognition||No Privacy|
|Ongoing Admin Responsibilities:||Included||Ongoing administration, legal, state and federal filings|
* Five-year carry forward available.
Note: In contrast, private foundations offer no privacy and no anonymity. Thanks to the internet, anyone with a computer can access information about any private foundation through services like Guidestar (www.guidestar.org).
Since all of the information is pulled from a foundation’s 990-PF (sometimes, a scanned copy of the original 990-PF is available), anyone can see the asset balance, the directors, salaries, contact information, administrative fees paid, every grant that’s made (including the amount and recipient organization’s name), and investment management fees (holdings are sometimes included).