Michael and Susan Dell’s donation made news for a lot of reasons. Here’s what you need to know about private foundations, government gifts and the tax consequences. https://t.co/MsMkHsHZpC ...

Michael and Susan Dell’s donation made news for a lot of reasons–including that it was targeted to a government program, not a public charity.Here’s what you need to know about private foundations, government gifts and the tax consequences: https://t.co/HGYWUKUR0H📸: Chip Somodevilla via Getty Images ...

Charitable Organizations - Public charities depend on community donations and direct programs [1] - Private foundations are funded by a single source and concentrate on grantmaking [1] - Each type of organization fulfills a distinct function within the philanthropic sector [1]