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.