Although Foundation activities primarily focus on grantmaking to charitable entities, there are multiple options to consider as we seek to expand our philanthropic toolbox. This session covers grantmaking to for-profit entities, foreign organizations, individuals; and the ramifications and pitfalls that a Foundation may encounter when venturing beyond the Public Charity (PC).
Grants to foreign entities - what do foundations need to know and do to facilitate grants to foreign charitable organizations.
Returned grants - how to record and report on the 990PF. Coordinating with the 5-year carryforward rule.
Add Learning Objective to reflect Grant vs. Contract
Deputy General Counsel,
Bill & Melinda Gates Foundation