Many foundations have been funded with, and continue to own, investment real estate. It may come in the form of outright ownership in an apartment building, industrial property, or commercial building, or perhaps indirect ownership through an interest in a partnership or limited liability company.
What are the risks and responsibilities of real estate assets, and why do foundations continue to retain these assets?
The economic reward, through appreciation and yields, will continue to make real estate an attractive asset class for many foundations. However, understanding the consequences, limitations, and responsibilities of contributing and holding property in a foundation is essential to assure the organization’s long-term financial health.Login to Read More