Private Foundations Need Strong Conflict-Of-Interest Policies
Does your private foundation have a detailed conflict-of-interest policy? If it does not — or if you do not follow the policy closely — you could face IRS attention that
Does your private foundation have a detailed conflict-of-interest policy? If it does not — or if you do not follow the policy closely — you could face IRS attention that
IRS rules governing private foundations are complex and include many exceptions, which is why your foundation needs to write and follow a detailed conflict-of-interest policy. Taking this proactive step can