Creative Grantmaking Strategies for Private Foundations (Currently Unavailable)

Author: Sarah Huang, Kathryn Okimoto, Clark Nuber

CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC

With the COVID-19 pandemic, the grantmaking activities for many private foundations has shifted. To get much needed support out to the public, many private foundations have utilized new grantmaking strategies to reach those with the greatest need. These creative strategies include direct grantmaking to individuals, use of donor advised funds, program related investments, and equivalency determinations for foreign grantmaking. These strategies have always been available and will continue to be used after the pandemic is long gone. Join us to discuss the ins and outs of these strategies and determine whether any may be utilized by your foundation.

Publication Date: March 2021

Designed For
CPAs, CFOs, auditors, bookkeepers, staff accountants, foundation board members, program officers, and others working with grantmaking foundations.

Topics Covered

  • Overview of Grantmaking for Private Foundations
  • Grantmaking to Non‐Charitable Organizations
    • Expenditure Responsibility
    • Equivalency Determination
  • Grantmaking to Individuals
  • Other Grantmaking Strategies
    • Program Related Investments
    • Donor Advised Funds
  • Best Practices for Grantmaking
  • Final Thoughts and Questions

Learning Objectives

  • Gain an overview of creative grantmaking strategies a private foundation may utilize to accomplish its charitable purposes
  • Identify what types of grantmaking activities may need advance approval from the IRS or additional paperwork in the grant file
  • Recognize best practices in grantmaking activities to achieve compliance with federal tax laws
  • Recognize what is typically included within the scope of being a grant
  • Identify which type of grant recipient has expenditure responsibility required unless there is an equivalency determination
  • Identify types of grantee has expenditure responsibility
  • Describe which type of of individual grant requires advance IRS approval
  • Identify a best practice with respect to grantmaking


Instructional Method

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic understanding of private foundations.

Advance Preparation

 Chat — Books Support