FOUNDATION
SERVICES

Our ambassadors possess the professionalism and expertise necessary to providing a superior service to Trustees.

HOLISTIC, WHITE GLOVE
SOLUTIONS TO PRIVATE FOUNDATIONS

Backed by decades of premier financial institution experience, our ambassadors possess the professionalism and expertise to provide a superior service to our private foundation clients, which includes all aspects of compliance and administration related to form 990-PF entities.

Compliance

  • Mitigating regulatory exposure through active monitoring and Trustee communication
  • Forecasting and monitoring
    minimum 5% distribution requirement
  • Filing Federal and State tax forms (Forms 990-PF, 1099 and 1042)
  • 501(c)3 monitoring

Transaction analysis and review of:

  • Self-dealing
  • Excess business holdings
  • Jeopardizing investments
  • Taxable expenditures

Operations

  • Punctuality, professionalism and precision are the core tenets that guide our operating philosophy
  • Grant and expense processing
  • Recordkeeping
  • Accounting and expense
    reconciliation
  • Financial statement preparation
  • Quarterly estimated excise tax
  • Year end substantiation receipts
  • Trustee meetings, minutes
    and agendas
  • Employee compensation
    and benefits

Formation

  • Managing the legal, accounting and administrative tasks required to establish a private foundation
  • Preparing and filing form 1043
  • EIN application
  • Bylaw drafting
  • Board governance and training
  • Accounting setup

Review and preparation of the following:

  • Investment policies
  • Conflict of interest policies
  • Grant-making policies and procedures

© 2024 Panchee Advisory, LLC.

200 Business Park Drive, Suite 105, Armonk, NY 10504 

T: 212.500.1230
E: inquiries@pancheeadvisory.com