Webinar Recording: Lunch with Legal Counsel
Private Foundations and DAFs
The administrative costs of operating a private foundation often prove too burdensome and can easily swamp the grantmaking activity of private foundations, especially the smaller ones. As such, a foundation may decide to transfer its assets to a Sponsoring Organization to take advantage of the administrative efficiencies of using a donor advised fund, all the while supporting its exempt purpose.
We invite you to our “Lunch with Legal Counsel” series with Bryan Del Rosario, Staff Counsel of Legal Affairs. Bryan will discuss the “tipping” issue in IRS Notice 2017-73 as well as ways private foundations can use donor advised funds to advance, enhance and effectuate their charitable missions.