Making the Future Possible
   The Changing Role of Private Philanthropy
   Private Foundations and Tax Incentives
   The Unique Benefits of Private Foundations

Things to Consider When Starting a Private Foundation
   Size Considerations
   Types of Foundations
   Provisions of the Tax Code Affecting Private Foundations

Organizing a Private Foundation
   Seeking Advice
   Organization and Tax-Exempt Status
   Formalizing Exempt Purpose
   Choosing Foundation Managers

Operating a Foundation
   Grantmaking Policies and Procedures
   Changing Grantmaking Emphasis
   The Special Case of the Stand-By Foundation
   Terminating a Foundation

Reporting and Record keeping
   Federal Requirements
   State Requirements
   Informing the Public

Association With Other Foundations

Reprinted with permission from the Forum of Regional Associations of Grantmakers

©2003 Indiana Grantmakers Alliance, Inc.
32 East Washington Street, Suite 1100
Indianapolis, Indiana, 46204
Phone: (317) 630-5200 | Fax: (317) 630-5210
Email: info@indianagrantmakers.org