Knowledgebase

Private Foundation Excise Taxes on Net Investment Income

The attached table shows the incidence of the 1 and 2% excise taxes on net investment income among private

foundations circa 2006. Approximately 15% of private foundations are eligible for the reduced 1% tax. Organizations

are grouped by both level of "total expenses and disbursements" (line 26(a)) and asset level.

IRS background information: http://www.irs.gov/charities/foundations/article/0,,id=137841,00.html