client tectimonial
Upcoming Events
More Info...

Accounting Day-San Diego
Monday, May 13, 2019


Jim's upcoming Excel website: Subscribe

Let me know of your topic of interest. Click on the Contact link.

                        Follow Jim Colville CPA on Twitter         

Private Foundation Back Office Support

Our services include complete grant management, investment income and 5% percent payout monitoring, federal and state tax and other filings, compliance monitoring and oversight of all aspects of the Foundation's business.
    • Oversee and Manage Grant Requests
      • From the public
        -Accept / Reject (depending on your criteria)
      • Internally / board member generated
        -We handle all the details
      • Confirm 501(c)(3) (nonprofit status lookup) with IRS via our web database (also search for terminated nonprofit status IRS database)
      • Capture all info needed for the tax return and permanent records Online tracking of all aspects, viewable by you and your team and Foundation Resource Team (secured site)
    • Gather all docs needed and prepare docs for board approval
      • Scope is determined by you and your objectives
      • Can go as far as writing the checks (signature authority) -If you write checks
           -Post to web site (fast and easy) or Fax
        -If we write checks
           -Post to web site (fast and easy)
        -Advantage of web based checkbook is that everyone has access and is aware of the balance and status
    • Track status of needed grant payouts (5% rule)
      • Web site will show ongoing status
      • Available for all to see status
      • Allows for immediate action
    • Search and match potential grantee organizations to match your objectives
      • Our extensive online database and existing relationships
    • Monitor investments and project gross income for the year
    • Monitor net income for purposes of projecting 1% tax
    • Perform annual accounting and prepare tax return(s)
    • Web based electronic storage of all documents (fully secured and mirrored storage)
    • Monitor and follow-up on all aspects of the Foundation's business
      • Much of this is specific to your foundation, the unique aspects that you desire to see accomplished
    • Web Site
      • Web site creation and hosting
      • Grant and information requests are entered from your web site which links to Foundation Resource (transparent to the user)
      • Email address and more
      • Your Foundation will have its own web site and a presents on our site.
    • Foundation Resource Team is a service provided by Jim Colville, CPA and is not associated with any other service or entity.

       Foundation Resource Team