Establish your legacy with our Private Family Foundation Formation service, designed to help you create a lasting impact through charitable giving. This comprehensive package offers everything you need to set up a private family foundation, ensuring that your philanthropic goals are met with precision and care. Our expert team will guide you through the process, from learning the fundamentals to forming the foundation, creating a mission statement, and budgeting for the first three years.

What’s Included:

1. Learning the Fundamentals:

   • Understand the key concepts and legal requirements for establishing a private family foundation, ensuring a solid foundation for your charitable endeavors.

2. Formation of Foundation:

   • We handle all the legal documentation and steps necessary to officially form your private family foundation.

3. EIN (Employer Identification Number):

   • Assistance with obtaining an EIN to ensure your foundation is recognized by the IRS and fully operational.

4. Recommended Resource Material:

   • Access to valuable resources that will guide you in managing your foundation effectively.

5. Budget for Foundation Years 1-3:

   • Development of a detailed budget plan for the first three years, helping you allocate resources wisely and ensure long-term sustainability.

6. Mission Statement:

   • Craft a compelling mission statement that reflects your family’s values and philanthropic goals, serving as the guiding principle for your foundation's activities.