Wealthy people have used private foundations for more than a century to carry out their philanthropy, but the recent increase in the number of private foundations has been nothing short of astonishing, from 40,000 at the end of the 1990's to more than 118,000 in 2009. In addition to accelerating tax deductions, foundations can help donors involve family, focus grantmaking, and get visibility for their giving if they wish.

Giving should be satisfying and fun even through the purpose is often serious, but private foundations can also become a burden. Learn more... 

 

Also in this issue:

 

Arthur H. Carr Fund: from private foundation to Rhode Island Foundation