Order from a Major Online Bookstore
Ultimate Book Price Comparison Engine
Save Your Time And Money
| AnyBook4Less.com | Order from a Major Online Bookstore |
|
| Home | Store List | FAQ | Contact Us | | ||
| Ultimate Book Price Comparison Engine Save Your Time And Money |
||
 |
Title: Creating a Private Foundation: The Essential Guide for Donors and Their Advisers by Roger D. Silk, James W. Lintott, Andrew R. Stephens, Christine M. Silk ISBN: 1-57660-136-6 Publisher: Bloomberg Pr Pub. Date: July, 2003 Format: Hardcover Volumes: 1 List Price(USD): $50.00 |
Average Customer Rating: 5 (2 reviews)
Rating: 5
Summary: Useful Primer
Comment: Unwitting new philantrophists sometimes end up with bureaucratic creatures that do exactly what the donor did not want. This book is full of practical advice on how to avoid unpleasant surprises if you set up a foundation of your own, such as finding out that you have no control over its activities.
It also gives a succinct review of investment problems. Foundations can potentially last for many generations. But they can easily mismanage themselves into oblivion in short order. The authors identify seven deadly investment sins.
For example, foundations don't need to frequently redeem their investments, but some mistakenly invest in liquid assets and lose returns as a result. They would be better off with non-traditional investments like private-equity, income producing real estate, hedge funds, and timber.
Many foundations fail to diversify, unwittingly taking on risk. THey start with stock from the founder's company and continue to hold a concentrated position, exposing themselves to the vagaries of that business. In 2002 the David and Lucille Packard Foundation was forced to cut its donations drastically when Hewlett-Packard stock fell.
IN short, an easy-to-read, useful guide.
Rating: 5
Summary: Creating Private Foundation
Comment: A great great book to give to your existing Private Foundation clients, as well as those considering their options. The book hits on several key points among many others - which are the reason to formalize your investment policy statement(IPS) and donor intent issues. The author is correct that too often good intentions fail to result in effective results. It deals with other vehicles like charitable lead trusts (CLTs) and charitable remainder trusts (CRTs) as well as donor advised and support organizations. It is a big picture book not a technical how to for the attorney!
 |
Title: The Legal Answer Book for Private Foundation by Bruce R. Hopkins, Jody Blazek ISBN: 0471405795 Publisher: John Wiley & Sons Pub. Date: 01 October, 2001 List Price(USD): $65.00 |
 |
Title: Starting and Managing a Nonprofit Organization : A Legal Guide by Bruce R. Hopkins ISBN: 047139727X Publisher: John Wiley & Sons Pub. Date: 08 December, 2000 List Price(USD): $29.95 |
 |
Title: Don't Just Give It Away: How to Make the Most of Your Charitable Giving by Renata J. Rafferty, Paul Newman ISBN: 1886284326 Publisher: Chandler House Press Pub. Date: April, 1999 List Price(USD): $17.95 |
 |
Title: Nonprofit Kit for Dummies (With CD-ROM) by Stan Hutton, Frances Phillips ISBN: 076455347X Publisher: For Dummies Pub. Date: 15 January, 2001 List Price(USD): $29.99 |
 |
Title: Private Foundations : Tax Law and Compliance by Bruce R. Hopkins, Jody Blazek ISBN: 0471444383 Publisher: John Wiley & Sons Pub. Date: 25 July, 2003 List Price(USD): $150.00 |
Thank you for visiting www.AnyBook4Less.com and enjoy your savings!
Copyright� 2001-2021 Send your comments
