How much control and freedom would my client have in recommending gift recipients?
Your client can recommend a grant to any organization that falls within the broad philanthropic mission of the Foundation and is qualified as a public charity under Section 501(c)(3) of the Internal Revenue Code. The United States has over 650,000 IRS-approved charities. The Foundation will ensure that groups recommended for a grant meet this requirement. In complying with federal tax laws, and for the protection of your client, the Foundation must reject grant recommendations that would benefit an individual, fulfill a personal obligation, support a political campaign, or that is for a private foundation.
