Newly minted millionaires and billionaires looking to start foundations need to be aware of the many challenges that they will face when setting up a non-profit organization or foundation. According to Giving USA, philanthropic giving from foundations increased by 6%…
There is much written about popular foundations, the work they do and often the celebrity name behind the cause, but a foundation is more than a charity. It has a specific mandate and is regulated by the laws of the…