• Charitable Planning & Private FoundationsPrivate Foundations

    In essence, a Private Foundation is a tax-exempt entity that is funded and controlled by an individual or a family. A Private Foundation may be setup as a Not-For-Profit Corporation or as a Trust – – whichever arrangement is chosen, a Private Foundation is treated the same for tax purposes.


    However, there are certain advantages that usually make the Not-For-Profit Corporation more appealing than the Trust.

    Establishing a Private Foundations as either Not-For-Profit Corporations or Trusts is a routine matter for our Firm.

    An example of a Private Foundation established by one of our Firm’s long-term Clients [which our Firm continues to help manage today] is The Kantner Foundation, Founded in 1987 by Woodrow A. Kantner, of Stuart, FL. 

    To view articles related to Private Foundations in our Article Library Click Here

    If you or a loved one needs help with a situation involving one of these areas, please contact Thomas N. Silverman, P.A. at 561.775.7500 (24 hours) or info@FloridaProbateCounsel.com.

    Thank you for contacting our firm. One of our associates will be in contact with you shortly. If the matter is urgent, please call our office directly at 561.775.7500 to speak with an attorney.