Supporting Organizations

An alternative to the private foundation is a supporting organization. It has many of the advantages of a private foundation without many of the restrictions. The supporting organization is set up as a trust or nonprofit corporation and the donor retains influence over how charitable funds are used while enjoying the tax benefits allowed for donations to public charities.

Planned Giving Concepts helps foundation managers for supporting organizations with these comprehensive services as required:

  • Federal tax returns including Forms 1023 and 990PF or 990.
  • State tax return preparation
  • Calculation of required minimum distributions
  • Annual reporting
  • Review of all legal documents

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