„Noteworthy for its comprehensive nature and excellent resourcesection . . . advisers will find throughout the book examplesof successes, challenges, and perspectives of real foundations. These types of stories are useful in discussing the workings ofprivate foundations with clients or prospects.“
- NAPFA Advisor, August 2003Featured in The Chronicle of Philanthropy,9/4/2003
"Philanthropy is a vital activity, and there's never enough moneyto do all the good that needs to be done. In Creating a PrivateFoundation, Roger Silk and Jim Lintott clearly explain a numberof different giving strategies--both tax and philanthropic--to helpdonors make their limited resources go farther. I highlyrecommend it.„
- Ace Greenberg
Former Chairman, Bear Stearns
“If you are a donor to charity or if you advise donors, you musthave this book. You'll learn more than most experts know, and you'll be empowered to have far more impact thanyou'd ever have thought possible.„
- Mark Victor Hansen
Cocreator, #1 New York Times best-selling series ChickenSoup for the Soul
Coauthor, The One Minute Millionaire
“This book is a great guide for those interested . . . incharitable foundations. Every donor should study it.„
- Vernon Smith
2002 Nobel Prize Winner inEconomics
“This guide provides just the right information to help youcreate and effectively manage your foundation--and does soin an interesting and very readable way. The authors haveclearly been listening to their clients and do an excellent job ofanticipating the questions you will have about your foundation. They share their breadth of experience and have organized theinformation to be most helpful. You will refer to this book overand over again as an important resource for your philanthropicgiving.„
- Charlie Haines, CFP
President, Charles D. Haines, LLC
“This comprehensive and compelling guide effectivelydescribes why and how a grants-making foundation can be anextremely helpful vehicle for donors who want to make a unique andlasting difference."
- Gordon Gund
Chairman, The Foundation Fighting Blindness
Creating a Private Foundation
The Essential Guide for Donors and Their Advisers
von Roger D. Silk, James W. Lintott, Christine M. Silk und Andrew R. StephensToday the opportunities in the philanthropic sector are greater andmore varied than ever. Private foundations, which offer severalestate and tax-planning advantages as well as unparalleled donorcontrol, have become the vehicle of choice for more than sixtythousand individuals and families--and may be ideal foryou.
Creating a Private Foundation introduces the issues you needto understand and gives the big picture on how foundations work. Ittells you exactly what is involved for you, for the causes you careabout, for your finances and taxes, and for your heirs.
Chapters address the practicalities as well as the implications offounding, funding, organizing, and operating an effectivefoundation, including growing its endowment, allocating its assets, and selecting professional foundation management help. Roger Silk, James Lintott, and their colleagues, leaders in the foundationconsulting arena, have pooled their wisdom in this comprehensiveguide for donors and your advisers. If you're looking to makea difference, there is no better guide.