Private Foundations'Investing Options

Private foundations are usually organized as trusts or not-for-profit corporations. When choosing between the two, advisors tend to focus on ease of formation and maintenance, flexibility and standards for trustees or directors. They generally don't see the entities' differences as significant. But the form can impact a foundation's investment options, particularly when an entity has less than $25 million in investments. In certain circumstances, a foundation organized as a trust has more