Transitioning your private foundation to a Giving Account at Fidelity Charitable will let you continue your philanthropic mission — with fewer administrative burdens, lower costs, more privacy, and greater tax advantages. The following set of procedures is meant to make this process easier:1
Additional information may be found at: http://www.sec.state.ma.us/cor/corpweb/cornp/npinf.htm under Government Links — State Government — Executive — Attorney General; Non-Profits & Charities.
For more information on establishing a Giving Account, please call a Charitable Planning Specialist at 800-262-4406 or visit FidelityCharitable.org.
* As of October, 2011.
1 In addition to the state-specific guidelines found here, please comply with the federal requirements listed in the accompanying web site (or online at www.IRS.gov). Please note that some state guidelines overlap with federal requirements.
WTAS LLC ("WTAS"), a leading tax advisory firm, provided technical assistance for these materials. These materials are general and educational in nature, and do not take into account an individualís or entityís specific circumstances or applicable governing law, which may vary from jurisdiction to jurisdiction and be subject to change. The analyses and opinions expressed herein do not necessarily reflect those of WTAS or any of its affiliates. No warranty or representation, express or implied, is made by WTAS, nor does WTAS accept any liability with respect to the information and data set forth herein. Distribution hereof does not constitute legal, tax, accounting or other professional advice. Recipients should consult their professional advisors prior to acting on the information set forth herein.
Fidelity Charitable is an independent public charity with a donor-advised fund program. Fidelity Charitable is a service mark of the Trustees of the Fidelity Investments® Charitable Gift Fund. WTAS is not affiliated with Fidelity Charitable. The views and opinions expressed herein do not necessarily reflect those of Fidelity Charitable, Fidelity Charitable does not guarantee the accuracy of the information herein and expressly disclaims liability arising out of your use of or reliance on this information. You should consult your tax and legal advisor regarding your specific situation.