Forum of Regional Associations of Grantmakers

Self-Dealing: A Concise Guide For Foundation Board And Staff

Posted on October 27, 2006 by John A. Edie

In basic terms, the rules against self-dealing are broad and far-reaching. They generally prohibit any direct financial transaction between the foundation and virtually all persons closely related to the foundation. Even if the financial transaction is between the private foundation and an unrelated third party, the act can be a violation of the self-dealing rules if the transaction provides an indirect financial or economic benefit to a foundation insider… Read More

What You Should Know Before Signing Your Organization’s Form 990-PF

Posted on April 21, 2004 by PricewaterhouseCoopers LLP

In this era of increased public interest and accessibility, submission of the 990-PF foundation tax return to the IRS has taken on new meaning and importance. Reporters, researchers, grant seekers – and others – look at the 990-PF for information about your organization. According to the Urban Institute, it is the most commonly used data source about nonprofits. … Read More