Book description
Imagine all you'd like to accomplish with your philanthropy. Now
picture a large portion of your resources never reaching their intended
use due to poor strategies, mismanagement, or unnecessary taxes.
Today the opportunities in the philanthropic sector are greater and more
varied than ever. Private foundations, which offer several estate and
tax-planning advantages as well as unparalleled donor control, have
become the vehicle of choice for more than sixty thousand individuals
and families--and may be ideal for you.
Creating a Private Foundation
introduces the issues you need to understand and gives the big picture
on how foundations work. It tells you exactly what is involved for you,
for the causes you care about, for your finances and taxes, and for your heirs.
Chapters address the practicalities as well as the implications of
founding, funding, organizing, and operating an effective foundation,
including growing its endowment, allocating its assets, and selecting
professional foundation management help. Roger Silk, James Lintott, and
their colleagues, leaders in the foundation consulting arena, have
pooled their wisdom in this comprehensive guide for donors and your
advisers. If you're looking to make a difference, there is no better
guide. Roger D. Silk, PhD, CFA,
is chief executive officer of Sterling Foundation Management, LLC. A
leading expert in the field of private foundations, he has written
articles that have appeared in magazines such as Estate Planning,
Philanthropy, Trusts and Estates, Investment Advisor, Journal of
Financial Planning,
and the Journal of Personal Financial Planning.
He is currently a director of several charitable organizations,
including the George Mason University Foundation.
James W. Lintott, Esq.,
is chairman of Sterling Foundation Management, LLC. Previously, he was
head of one of the nation's largest private foundations. Mr. Lintott
serves on the boards of a number of nationally known charities,
including the Children's National Medical Center in Washington, DC.
Christine M. Silk, PhD,
has written on a wide variety of subjects, and her work has appeared in
numerous magazines and newspapers.
Andrew R. Stephens
is an attorney with extensive experience in foundations.
