How Private Foundations Can Reduce Your Taxes

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#privatefoundations #taxplanning #charity #nonprofits #nonprofitorganization #taxdeductions
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Can you explain the point of spreading out the donations from the Private Foundation?

Sure it only has to make a 5% donation annually, but once the money goes in it isn't your anymore regardless, why does it matter whether you offload it right away or over time?

priestesslucy
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Good info but I’d like to know more about this. Could I use my 501c3 as my private family foundation?

lancewilson