You and other attorneys, accountants, and financial advisors who work with charitably-inclined individuals and families are familiar with the basics of donor-advised funds and private foundations. Still, it can be...
The New Hampshire Supreme Court recently ruled that Dartmouth College can repurpose money a deceased alumnus left for the sole purpose of maintaining the school’s golf course to support other...
In June, the IRS denied a professional organization tax-exempt status under Section 501(c)(3) in Letter 4034. The organization was dedicated to educating estate planning professionals and promoting cooperation among businesses...
On Dec. 23, Congress passed the Consolidated Appropriations Act of 2023, which includes a package of retirement reform bills including the long-awaited SECURE 2.0 Act. SECURE 2.0 provides something for every...
A growing number of philanthropists and their advisors are using charitable funds as a complement or alternative to private foundations. Private foundations may consider transferring their foundation’s assets to such...
The Community Foundation for Southeast Michigan hosted an Agency Endowment 101 webinar to define what endowment is, detail how the Foundation invests and administers endowment funds, and illustrate how our...
Whether your interests are in health care, the arts, education, the environment, or another critical cause, the Community Foundation can ensure your wishes are carried out in perpetuity and support...
Families want to ensure that their family businesses’ charitable efforts reflect their entrepreneurial spirit and the values of their family. With a 36-year history, the Community Foundation for Southeast Michigan...
While the rising cost of college tuition may be out of reach for many families amid record-high inflation, the time may be right for your clients to consider the impact...
The recently restored Detroit Central Market at The Henry Ford’s Greenfield Village in Dearborn gives visitors an opportunity to learn about life during the 19th century in Detroit. It also...