Tax Code Details That Have a Big Impact on How You Evaluate Grant Proposals
In part two of PEAK Grantmaking's series focused on risk, finances, and compliance, author Josh Abel uses a case study of a homeless shelter run by volunteers and operated on a very small annual budget to explain how key tax details can have a huge impact on when determining whether or not to make a large grant. As the article outlines, some grant proposals may present potential problems. But by doing some additional due diligence, a private foundation can determine whether a potential grant poses any unwanted tax consequences.
Source: PEAK Grantmaking