July 2022 - Exponent Philanthropy

July 2022 Resources

Is This Self-Dealing? Three Quick Questions To Ask

Self-dealing rules can be confusing. So, we’ve come up with three straightforward questions that lean funders can apply to any situation. 1. Does the transaction involve a disqualified person? The Internal Revenue Service defines a disqualified person as one of the following: Officers, directors, trustees, and others with similar authority at the foundation Substantial contributors to the... Read More

What the Law Requires When Making Grants

The law requires very little when making grants to most domestic public charities. Other than knowing a grantee’s tax status—your foundation has a great deal of flexibility. However, I regularly encounter funders, foundation staff and professional advisors who do not know this. What the Law Requires When Making Grants A few years ago, Project Streamline... Read More