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Marcum LLP
Tax & Business

Family Wealth Services - Philanthropy Planning & Private Foundations

Three Men Standing

Marcum can manage the administrative and back office functions necessary to operate a private foundation, allowing more time and effort to be focused on furthering the organization's charitable mission.

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Related Services:     Marcum Family Office   |   Philanthropy Planning & Private Foundations   |   Private Client Tax Services   |   Trusts & Estates

Scope of Services

Philanthropy Planning Services

  • Charitable strategies using donor advised funds, charitable remainder trust, charitable lead trusts and private foundations.
  • Sophisticated gifting and estate planning strategies.
  • Coordinate with charitable organizations to structure special gifts such as university chairs, fellowships, trusts and annuities.
  • Engaging heirs in philanthropic endeavors.

Private Foundation Services

  • Prepare and file the application for recognition of exemption.
  • Preparation of foundation tax returns,including unrelated business income tax returns, if applicable.
  • Preparation and filing of quarterly excise taxes.
  • Perform full charge bookkeeping, financial statement preparation and accounting services.
  • Management of charitable activities including charitable grant making; compliance of 5% distribution requirement and expenditure responsibility.
  • Oversee public disclosure compliance and governance.
  • Authentify and oversee full compliance with regard to prohibited transactions such as self dealing, jeopardizing transactions or excess business holdings.
 

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Robert Babek, Office Managing Partner, Tax & Business

Office Managing Partner
Tax & Business
Los Angeles, CA
 
2017 YEAR-END TAX GUIDE

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