CHICAGO--(BUSINESS WIRE)--Northern Trust is partnering with Foundation Source, a leading provider of cloud-based charitable giving solutions, to help streamline the operational and grantmaking needs ...

In his influential 1889 work "The Gospel of Wealth," Andrew Carnegie postulated that the affluent have an obligation beyond providing for their own families—to utilize their fortunes as public trust ...

Scores of private charitable foundations, set up by some of the nation's wealthiest people, received money from the federal government's Paycheck Protection Program, which was created last spring to ...

CINCINNATI--(BUSINESS WIRE)--Eight private family foundations in The Foundation Office at Fifth Third Bank, National Association, have announced gifts of more than $6.6 million in 2020. Grants were ...

The ultra-wealthy are using charitable giving vehicles like donor-advised funds and private foundations to avoid taxes and exert influence, at the expense of ordinary taxpayers, according to a new ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. The J. Paul Getty Trust is the single largest private operating foundation in ...

Creating a private family foundation offers affluent families a structured way to direct their philanthropic efforts and establish a lasting legacy that aligns with their values. However, this ...

A real estate trust focused on increasing affordable housing in Manitoba will help close funding gaps for two projects that will deliver 48 transitional units after receiving a $7-million investment ...