Private Foundations and CRTs


"I've been practicing in the trusts and estates area for thirty years, and I've seen quite a few private foundations in that time. In the past, every time we created one, we carefully explained the administrative and compliance requirements to our clients. Yet we still worried about whether, over time, the client would dot every i and cross every t. If we send them to you [Sterling Foundation Management], we know the administration and compliance will be done, and done right."

- Tim Baetz, Head of Estate Planning at McDermott, Will & Emery. 
Chicago, IL

"As CPAs and management consultants, we do lots of tax calculations and financial projections. But until I reviewed Sterling's analysis of the economics of lifetime giving, I never fully realized just how much value can be created with a carefully planned program of optimal private foundation funding. Depending on the circumstances, Sterling can show creators of foundations how they can use good tax planning to double the amount their foundations have, and yet still leave more for their children."

- Barry Bondroff, CPA, Partner at Gorfine, Schiller & Gardyn, PA.
Owings Mills, MD

"Sterling Foundation Management offers a unique opportunity for advisors with high net worth clients to capture a share of the growing market for private foundation assets. They create and manage private foundations on a turnkey basis. Their services are tailored to mesh seamlessly with investment advisory and financial planning services, so that the client's experience is very smooth and hassle free. I know, I am a Sterling client personally. And my firm has a strategic alliance with Sterling which enables me to provide my clients access to turnkey private foundation solutions. Our alliance with Sterling is not only good for our clients, it is very profitable for us, too."

- David Gemmer, Gemmer Asset Management.
Walnut Creek, CA

“I have known the principals of Sterling for over fifteen years. They have a great deal of experience in all aspects of charitable activity. The rules and regulations surrounding private foundations are extensive and formidable. Anyone who has a private foundation or is planning to create one must make certain that the foundation complies with all these rules and regulations. Generally, that requires professional management, and I can think of no one better qualified than Sterling to provide these important services.”

- Ron Ben-Yehuda, Partner at Gibson, Dunn & Crutcher.
Los Angeles, CA

Clients and Professionals

“This is such a relief, to have gotten control back of the funds we had invested in the CRT. We have plans that will much better suit and aid our retirement, and are kicking up our heels in glee! I want to thank you again for your knowledge and expertise, and your courtesy. You're all great, you are truly professionals and a credit to the financial world and the world in general. Good job, thank you for everything. We'll sing your praises whenever we get the chance!”

- Dean & Margo Hamilton
San Diego, CA

“My family’s long term financial objectives were not in synch with the continuance of the charitable remainder trust that our parents had established. Prior inquiries into how this trust could be altered proved fruitless. I live in greater NY, the epicenter of scam, and when I received a mailing from Sterling, offering me a remedy that had proven illusive, I viewed this with a weather eye. Through conversations, emailings, and the prompt receipt of all the resource information that I requested, they satisfied my skepticism with fact and reassurance at every juncture. My CPA and attorney initially could not offer a remedy but their independent reviews did result in the nod to go forward. The process from introduction to the final wiring of my funds was concluded without a glitch in about 10 days. A heartfelt thank you!"

- Dr. Harvey Estren
Lindenhurst, NY

"Developing programs and activities which will make a real difference in people's lives is our top priority. Sterling has played a vital role in helping us achieve our goals of helping people. If you have a private foundation and you care about making a difference, you need to contact them."

- Ellen Hunt, Rudd Foundation.
Napa, CA

“You have bridged the gap between ‘Knowing versus Doing.’ For the busy professional with long-term charitable goals, this is a huge problem. Sterling provides the solution with both knowledge and action.”

- Jack Russo, Chairman of the Foundation for Creativity in Dispute Resolution.
Palo Alto, CA

“Private foundations have played a vital role in solving a number of important public health and medical issues. Once-terrible scourges like yellow fever and polio no longer threaten us and our children. However, today there is much critical research— research that could lead to the cure of many diseases, the easing of much suffering, and to longer, healthier lives for all of us — that is underfunded or not funded at all. Private philanthropy, most notably the philanthropy of private foundations, can fill that gap. The people at Sterling Foundation Management, whom I’ve known for years, are doing their part to help by making it easy and convenient for people to create and run their own private foundations. I salute them.”

- Dr. Steven Simon, Harvard Medical School.
Boston, MA

“Sterling provides a complete solution to foundation creation and management, enabling our family to focus on the most important aspects of giving.”

- Charles and Jane Fink, Founders of the Charlie and Jane Fink Charitable Fund and the Musical Development Fund
Oakton, VA and Washington, DC