Private foundations : tax law and compliance / Bruce R. Hopkins, Jody Blazek.

Format:

Book

Author/Creator:

Hopkins, Bruce R., author.

Blazek, Jody, author.

Series:

Wiley nonprofit authority.

Wiley Nonprofit Authority

Language:

English

Subjects (All):

Nonprofit organizations--Taxation--Law and legislation--United States.

Nonprofit organizations.

Charitable uses, trusts, and foundations--Taxation--United States.

Charitable uses, trusts, and foundations.

Physical Description:

1 online resource (891 p.)

Edition:

4th ed.

Place of Publication:

Hoboken, New Jersey : Wiley, 2014.

Language Note:

English

System Details:

text file

Summary:

"Private foundations, although constituting a relatively small portion of the charitable community, are burdened with extensive federal tax law requirements that belie their numbers, and substantially regulate and circumscribe their operations. This body of law has steadily grown since its inception as a considerable portion of the Tax Reform Act of 1969. This book came about in reflection of this expanding and expansive aspect of the law pertaining to these unique forms of tax-exempt organizations. We have attempted to both capture and summarize this law, and to provide guidance as to compliance with it"-- Provided by publisher.

Contents:

Introduction to private foundations

Starting and funding a private foundation

Types of private foundations

Disqualified persons

Self-dealing

Mandatory distributions

Excess business holdings

Jeopardizing investments

Taxable expenditures

Tax on investment income

Unrelated business income

Tax compliance and administrative issues

Termination of foundation status

Charitable giving rules

Private foundations and public charities

Donor-advised funds

Corporate foundations.

Notes:

Includes index.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

9781118809822

1118809823

9781118532508

1118532503

OCLC:

904769432