A transaction that looks harmless can result in significant penalties. Private foundations are subject to numerous restrictions on activities. Without proper planning, your foundation could face significant penalties for violations; therefore, it is important to make sure your transactions are carefully structured.
Eide Bailly's tax professionals work with private foundation clients to provide education on foundation rules. We can also help with the structure of transactions to benefit the organization and avoid penalties.
We work with many foundation clients to ensure its transactions are structured properly. Our experience means you can feel comfortable knowing your organization's transactions will be handled to your organization's benefit, not its detriment.