Are you planning to set up a private foundation? If so, you need to be very familiar with the concept of self dealing. If you aren’t, you can quickly get into very hot water. Read on to find out what self dealing is all about and how to avoid getting your foundation — or yourself [...]

Integrating vision and values into strategic and tactical planning can be a real challenge. That’s because vision and values systems are primarily right-brained activities, while strategic and tactical planning are left-brained activities. Yet they must be integrated in order to achieve satisfying results, they must be integrated. And one way to make this work particularly well is by starting a private foundation.

Is creating a private family foundation right for you? It can be the most rewarding thing you’ll ever do — or not. Why not take this quiz to find out if you could benefit from starting your own private family foundation.

Here’s my commentary on a blog post on Henry Louis Gates’ tax problem that I found here:
http://taxprof.typepad.com/taxprof_blog/2009/07/henry-louis-gates.html
First of all, Harvard is a mess (financially and in my opinion ethically regarding being politically correct).
I was aware of the arrest of Gates.  There is plenty of finger pointing in the case; the cop could have remained [...]

Financial or business planning is at its most powerful when it is well integrated with one’s personal goals. And the ideal way to accomplish such an integration, at least for people with some degree of wealth, is starting a private foundation. Read on about why that is so, and how to go about it correctly.
Foundations [...]

How do you bridge the chasm between the personal and the professional? It may be challenging, but the results definitely make it worth the effort.  In fact, one thing that has never ceased to amaze me is how powerful financial or business planning can become when it is integrated with one’s personal goals.  Read on [...]

It can be challenging to integrate vision and values into strategic planning.  But it’s also very rewarding.  In a previous article, I described an example where “Dave” started a foundation to successfully integrate his values while resolving a major financial challenge.  Read on to discover the details and how exactly starting a private foundation was [...]

How do you integrate vision and values into strategic and tactical planning? That can be a challenge. Developing vision and values systems are primarily right-brained activities, while strategic and tactical planning are left-brained activities. Yet in order to achieve satisfying results, they must be integrated. Here’s an example of how this can work.
Many months ago [...]

You know what a private foundation is, but what in the world is a supporting organization? And how do they relate to each other? Read on to find out.
First of all, the biggest difference is that while private foundations are, by definition, private, supporting organizations are public charities. As such, they are not subject to [...]

Are you thinking about setting up a private foundation? It can be a wise decision – if it is done correctly, and for the right reasons. Read on for 5 key points you should be aware of before taking the big step.
1. What is important to you?
First, you should identify what is really important in [...]