What is the minimum payout requirement?
Private foundations generally have 12 months after the tax year in question to satisfy the minimum payout requirement. Please see the links below for more in-depth information, as the foundation decision-makers and tax preparer must consider other issues, such as “carryover.” http://www.nng.org/ourprograms/campaign/calculate.htm http://www.cof.org/files/Documents/WebNotebook/Legal_Essentials.
