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Not For Profit/Exempt Organizations Blog

Tag Archives: Notice 2015-62

IRS Encourages Private Foundations to Consider Charitable Purposes in Investing Its Assets

Posted in Private Foundations

As we previously reported, the IRS has updated its guidance with helpful examples concerning program-related investments for private foundations.  In its recently issued Notice 2015-62, the IRS provides further assurance that private foundations may take the accomplishment of charitable purposes into account in investing decisions, in addition to financial return. Among other restrictions, private foundations… Continue Reading