Monthly Archives: December 1997

Becoming “SO-Friendly”: The Advantages of Courting Supporting Organization Relationships

Congress has given what is probably its last, temporary reprieve for private foundations, in the form of an extension of the provision exempting gifts of publicly traded securities from the harsh “reduce-to-basis” rule. The legislation has once again focused attention on the many disadvantages of the private foundation format itself, which have been summarized in […]