Ask the Center

The 990-PF in a Nutshell: What You Need to Know

Posted on August 15, 2004 by National Center for Family Philanthropy

What is the 990-PF and who needs to fill one out? The 990-PF is the tax return used for all private foundations filing under tax-exempt status, which inventories all of a foundation’s assets, investments, revenue, expenses, and charitable disbursements throughout the fiscal year. It also lists foundation officers, trustees, and the number of staff, itemizes its grants, and gives information… Read More
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Top Ten Trends in Family Philanthropy

Posted on July 15, 2004 by National Center for Family Philanthropy

This month’s Family Giving News is devoted to a brief look at the top ten trends in family philanthropy, about which the National Center will be releasing a new Passages issue paper this fall.   Trend 1: Rising Number of Families Participating in Philanthropy Consider that between 1990 and 2002 the number of active grantmaking foundations doubled from approximately 32,400 to more than 64,800… Read More
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Effective Family Grantmaking in Times of Economic Uncertainty

Posted on May 15, 2004 by National Center for Family Philanthropy

By its very nature, family philanthropy tends to be a long-term endeavor. Family philanthropies that seek to effectively serve through the generations need to be flexible, resourceful, and resilient. In uncertain economic times, families must employ a variety of strategies to reinvent themselves and to help their grantees to do the same. What strategies can family grantmakers use to weather… Read More
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Ethical Wills and Donor Legacy Statements: Passing on More Than Financial Wealth

Posted on April 15, 2004 by National Center for Family Philanthropy

This issue of Family Giving News examines the growing use of ethical wills and donor legacy statements: What are they? Why might you and your family want to use one? And how can one of these statements benefit individual donors, their families and the causes and issues they care most about? How can ethical wills or donor legacy statements ease anxieties about… Read More
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Investing in Your Mission

Posted on March 15, 2004 by National Center for Family Philanthropy

INTRODUCTION: WHAT IS MISSION-RELATED INVESTING? People who become philanthropists do so for many reasons, prime among them to benefit society and improve the communities in which they live. Given the enormity and persistence of need, most people wish they had more resources to give. What many philanthropists often overlook is the untapped power of their portfolio to further their philanthropic… Read More