Private Foundation Management Services

Our goal at PrivateFoundation.com is to deliver a completely turn key program for setting up, administering and managing a private foundation.

The most common complaint donors have with incorporating a charitable giving program into their overall estate plan is finding a competent organization that they feel is knowledgeable in the area and delivers a feeling of confidence that the program has been set up and will be monitored and managed properly.

Probably the biggest reason for this is that donors typically have to try and piece the process together with several different entities providing the separate aspects required to establish, administer and manage the private foundation.

We have gone out and done all that work to bring together all the qualified people under one roof that can seamlessly work together to get the job done and get it done in a professional, knowledgeable and cost-effective way that is designed to deliver a final product that the typical donors are looking for.

We have made it as easy as completing a simple questionnaire that asks for your basic information: name, address, phone, the name you want to call your foundation, who the foundation officer(s) will be, and, if you wish, the names of your existing legal and tax professionals for us to provide information to. That's it. From there we can start the process rolling and usually have your foundation set up in as little a two weeks and ready to be funded.

Click here to complete the form and get started today.

Once your private foundation is established you will be provided with a custom private web site that will be your control point for managing foundation activities. You will be able to see account balances, view your annual distribution requirements, assign monies to individuals for gifting, view and approve gifts made from the foundation, see reports, research charities as well as several other features that will make the process of having a foundation easy and allow you to just focus on the philanthropic endeavors of your foundation.

All the other administrative, tax reporting, management and compliance details are handled for you and reported on your private web site for your to review.

Overview of Services Provided

Foundation set up - We have tapped one of the nations top administrators in Foundation Source to do the IRS fillings for the foundation to obtain its tax exempt status with the IRS.

Administration - Once the foundation is established the administrator will help make sure your foundation follows all federal and state regulations. They will track and report foundation assets; complete the annual 990-PF tax return for the foundation, track 5% distribution requirements and process grant checks. They will also establish the private web site to report these activities to you and act as the "management console" for your foundation.

Asset Management - As a Registered Investment Advisor (RIA) we are familiar with the aspects of private foundations and their proper asset management requirements. Like corporations that have pensions and 401(k) plans, foundations also have fiduciary responsibility. We are familiar with these requirements and will work with you to develop an investment plan that meets your goals as well as complies with the fiduciary requirements.

For more details and or questions on the management services we have brought together feel free to contact us toll free at 800-535-4720 or click here to request a FREE copy of our Private Foundation Management Guide.

Tactical Wealth Advisors, LLP

Investment advisory services are provided through Tactical Wealth Advisors, LLP a Registered Investment Advisor. The information contained on this site is for educational purposes only, it is not intended to be professional tax or legal advise; consult a tax advisor about your specific situation.