Monday, October 18, 2004

Family foundations come under official scrutiny - 2004-10-18 - San Francisco Business Times

Family foundations come under official scrutiny - 2004-10-18 - San Francisco Business Times: "Family foundations come under official scrutiny
Some have been used as sinecure by their patrons
Sarah Duxbury
The IRS has done it, and now Congress wants to do it, too: In response to well-chronicled abuses, new restrictions could be coming to family foundations.

Recent years have seen no shortage of accusations that some family foundation"

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