IRS Encourages Private Foundations to Consider Charitable Purposes in Investing Its Assets

• Published date: 30 October 2015
• Law Firm: Proskauer - Not for Profit/Exempt Organizations
• Author: Elizabeth Mills
• Subject Matter: Asset Diversification,Board of Directors,Charitable Purpose,Corporate Officers,Decision-Making Process,Directors,Duty of Care,Duty of Prudence,Excise Tax,Guidance Update,Internal Revenue Code,Investment,Investment Management,Investment Portfolios,IRS,Managers,Private Foundations