By Frank L. Ellsworth, Joe Lumarda
A origin insiderвЂ™s advisor to monetary administration demanding situations and suggestions
Foundation administration represents the single single-volume connection with disguise attempted and precise and rising monetary making plans and administration issuesвЂ“in either the household and overseas sectorsвЂ“affecting philanthropic foundations. A better half to Frank Ellsworth and Joe LumardaвЂ™s From Grantmaker to chief: rising innovations for twenty first Century Foundations, this accomplished survey not just presents practitioners with a greater figuring out of the altering monetary, criminal, and foreign panorama, but additionally can provide special operational administration concepts. themes lined comprise:
- European foundations
- Nongovernment agencies in Asia
- U.S. and Mexican relatives foundations
- The courting among the IRS and philanthropic foundations
- The roles of legal professionals, accountants, and funding professionals
Extensive interviews with key insiders complement the statement all through. Trustees, CEOs, CFOs, participants of funding committees, tax and estate-planning execs, and application officials will locate origin administration to be an integral source.
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Additional info for Foundation Management: Innovation and Responsibility at Home and Abroad
28 3985 P-01 (Sec 1) 11/4/02 12:42 PM Page 29 Notes 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. , pp. 2 and 30. , p. 17, Table 2-2 and p. 19, Table 2-3. , p. 19. , p. 3. , p. 17, Table 2-2, and p. 19, Table 2-3. S. : Council on Foundations, 1982), p. 18. : Council on Foundations, 1997), p. 1. See note 1, p. 8. , p. 7. See note 1, pp. 8-11. , p. 12; See note 20, p. 18. As Carson notes, these donor-advised funds have led to increased community foundation involvement in international philanthropy.
S. public charities have a foreign branch office or subsidiary. S. S. S. charities, such as Oxfam, CARE, and the Red Cross, have broad-based direct programs abroad. S. public charity as long as that program is subject to total control by the grantee. S. public charity may be formed exclusively to support one or more foreign organizations. S. public charity intermediary must be made for exclusively charitable purposes and must not be earmarked for distribution to a foreign grantee organization. S.
The third part is by Peter Walkenhorst, director of philanthropy and foundations for the Bertelsmann Foundation in Gütersloh, Germany. In it, Walkenhorst describes the German foundation tradition and emerging trends in foundations’ structure and ac- 33 3985 P-02 11/4/02 12:52 PM Page 34 The Old and New Traditions of European Foundations tivities. He recently edited the book Building Philanthropic and Social Capital: The Work of Community Foundations (Bertelsmann Foundation Publishers, 2001). The final part is an interview with Jakub Wygnanski (known as Kuba) of the Stefan Batory Foundation.