operating and administrative costs in 2001, according to one of the first comprehensive looks at foundation expenses. But the percentage spent by individual foundations varied widely, from less than 5 ...

Nearly one-quarter of the nation’s 10,000 largest private, community, and corporate foundations did not report any administrative expenses as part of their annual minimum-payout requirement, a new ...

Creating a private family foundation offers affluent families a structured way to direct their philanthropic efforts and establish a lasting legacy that aligns with their values. However, this ...