Tax-Exempt Organizations
Ablamsky & Company provides specialized tax planning and compliance services to private foundations and other tax-exempt organizations. We advise operating and non-operating private foundations, charitable organizations, and related entities on the complex tax and reporting requirements unique to the nonprofit sector.
Our services include Form 990-PF and Form 990 preparation, excise tax planning, charitable giving strategies, governance and compliance guidance, and coordination with trustees, attorneys, and investment advisors.
Many of our exempt organization clients are closely connected to the families, businesses, and investment professionals we already advise, allowing us to provide integrated tax planning across both charitable and personal wealth structures.
Who We Serve
We work with private foundations and charitable organizations requiring specialized tax compliance and ongoing guidance. Our clients include:
Nonoperating private foundations
Private operating foundations
Family foundations
Charitable organizations
Family offices overseeing philanthropic entities
Trustees, directors, and foundation administrators
How We Help
Our private foundation and tax-exempt organization services include:
Form 990-PF and Form 990 preparation
Private foundation excise tax planning
Net investment income calculations
Minimum distribution requirement planning
Qualifying distribution analysis
Self-dealing and related-party transaction guidance
Excess business holdings and jeopardizing investment considerations
Taxable expenditure and grant-making compliance
Unrelated business taxable income analysis
Coordination with trustees, attorneys, investment advisors, and foundation administrators
Specialized Guidance for Private Foundations
Private foundations operate under tax rules that differ significantly from those governing individuals and businesses. Investment activity, grants, expenses, transactions with related parties, and annual distributions must all be evaluated under the specialized requirements applicable to tax-exempt organizations.
Our approach extends beyond preparing the annual tax return. We help trustees, family offices, and foundation administrators identify potential compliance issues before transactions occur, evaluate the tax consequences of important decisions, and coordinate reporting with the family’s broader charitable and tax planning.
Whether establishing grant-making procedures, evaluating an investment, calculating annual distribution requirements, or reviewing a transaction involving a related person or entity, our goal is to provide practical guidance that supports the foundation’s charitable mission while maintaining compliance with applicable tax requirements.
Speak with a Private Foundation Tax Advisor
Tell us about your tax matter. We'll contact you within one business day to discuss how we can help