Tax Boundaries For Community Foundations

With the rise of the commercial donor-advised funds (DAFs) during the past decade, traditional community foundations have sought to remain relevant by offering extra services to local donors and charitable organizations. A recent private letter ruling sets the parameters for what services community foundations can offer to local private foundations for a fee without incurring unrelated business income

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.