Legal Question in Business Law in Illinois

Foundations

How do I start a foundation that will support people and give them help when needed?


Asked on 6/24/05, 9:09 am

1 Answer from Attorneys

Pamela Belyn Much Shelist

Re: Foundations

Foundations and other charitable organizations are heavily regulated in Illinois. Your stated charitable goals must be well articulated in any state required application or federal application for tax exemption. I represent numerous charitable organizations and I would be willing to give you a free 1/2 hour consultation to best advise you on a course of action.

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Answered on 6/24/05, 9:16 am


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