New Rules for Grantmakers and Donors: An Overview for Private Foundations, Organizations Sponsoring Donor-Advised Funds, and Donors

New Rules for Grantmakers and Donors: An Overview for Private Foundations, Organizations Sponsoring Donor-Advised Funds, and Donors addresses the steps funders and donors must take to be compliant with IRS regulations:

• reviews the steps grantors and contributors must take to comply with revised requirements published in IRS Revenue Procedure 2011-33;
• outlines the importance of documenting this research;
• discusses the consequences of failing to follow the new IRS rules;
• provides a convenient checklist to help grantmakers and donors keep their charitable contributions 100 percent IRS compliant.