How Private Foundations Could Be Affected by the Tax Cuts and Jobs Act

The new proposed “Tax Cuts and Jobs Act” (H.R. 1) (the “Act”) could have a significant impact on private operating and grant-making foundations. Should the bill become law, there are likely to be significant changes made to it, and we will keep you apprised of those as developments unfold.

Please click here for a brief summary of the provisions of the Act most directly affecting private foundations.