Introduction

This book is a practical guide addressing the issues faced by philanthropists seeking to engage in international charitable activities and offers alternative approaches to traditional US-based foundations.

Regulatory Burdens and Tax Benefits

A significant portion of the regulatory burdens facing US private foundations derives from tax benefits available to donors under US law. A charitable organization must initially qualify and then be maintained under a complex regulatory regime.

Establishing Foundations in Foreign Jurisdictions

If some or all of these tax benefits are either unavailable or not needed, or if the tax advantages are outweighed by the burdens of regulatory compliance, foundations can be established in foreign jurisdictions. Charitable activities can then be operated flexibly and privately outside the constraints of the US regulatory regime.

Strategies for Existing Foundations

For existing private foundations, this book suggests strategies designed to hedge against ever-increasing and intrusive regulation.