Committing to Creating and Maintaining a Private Foundation

Choosing among various charitable-giving options can be a challenging proposition for your clients. The most common options are creating a private foundation (PF), contributing to a donor-advised fund (DAF) or making an outright donation. If your client is willing and able to commit both the time and financial resources (in the short- and long-term), then creating a PF may be the way to go. But making the decision to create a PF is just the beginning. Your client must consider how much, what