Nonprofit CPA services for private foundations & grantmakers.

Excise tax, self-dealing screening, minimum distribution tracking: the compliance layer unique to private foundations.

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18+

years of nonprofit-exclusive practice

500+

nonprofit clients served

60+

nonprofit professionals

95%+

client retention rate

Excise tax, distributions & self-dealing.

Private foundations carry federal obligations distinct from public charities: an excise tax on net investment income, a minimum distribution requirement, and self-dealing rules governing transactions with disqualified persons. The IRS applies this framework to every private foundation, at every size.

Han Group treats each of these as core work in every foundation engagement, whether we serve as auditor and tax preparer or provide ongoing accounting support. All three obligations come together on Form 990-PF, the annual return every private foundation files, and we build them into the engagement from the first month.

Audit. Accounting. Tax.

Audit & assurance.

Financial statements that withstand foundation board and regulatory scrutiny.

Audit & Assurance Services

Client accounting & advisory services (CAAS).

Distribution tracking and grant accounting infrastructure maintained on a monthly cycle.

Client Accounting & Advisory Services

Tax services.

Form 990-PF preparation and excise tax compliance executed with nonprofit-sector precision.

Tax Services

Structured around private foundation compliance.

Foundation compliance requires its own expertise. 990-PF preparation, excise tax calculation, and self-dealing review each address federal obligations public charities do not share.

Form 990-PF preparation.

Complete preparation of the foundation’s annual return, including investment income and grant-distribution schedules.

Excise tax calculation.

Accurate calculation of the tax on net investment income under IRC Section 4940, reconciled to your portfolio.

Minimum distribution tracking.

Ongoing measurement against the minimum distribution requirement, so the figure is known well before the year closes.

Self-dealing transaction review.

Pre-screening transactions involving trustees, major donors, or family members before they close, not after.

Grant-tracking accounting.

Infrastructure that tracks grants against distribution requirements and donor-advised fund considerations.

From asset review to ongoing compliance.

01

Asset & investment-income review.

We assess the foundation’s investment portfolio and income structure to establish an accurate excise-tax calculation baseline.

02

Distribution-requirement calendar setup.

We build a tracking calendar so the minimum distribution requirement is monitored throughout the year, not discovered as a shortfall at filing time.

03

Related-party transaction screening.

We establish a review process for any transaction involving a disqualified person, so self-dealing risk is caught before a transaction closes.

Foundation compliance as its own discipline.

Foundation compliance as its own discipline.

Foundation compliance is its own discipline. Excise tax, self-dealing rules, minimum distribution requirements: we encounter these in every foundation engagement. Eighteen years of that concentration builds depth a generalist firm working across industries does not develop.

A conversation about your foundation.

Foundation compliance is its own discipline. If your current financial partner treats it as a variation on general nonprofit work, that gap is worth a conversation.

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Who we work with.

Han Group works exclusively with nonprofits. Every engagement we take on deepens the sector knowledge that benefits every client we serve.

Trade associations & memberships.

501(c)(6) organizations navigating dues-cycle revenue, lobbying disclosure, and association-specific governance.

Trade Associations & Memberships

Healthcare nonprofits.

Community health centers, voluntary hospitals, and health-focused charities managing grant, reimbursement, and program-based reporting.

Healthcare Nonprofits

Higher education.

Universities and colleges carrying endowment complexity and federal financial aid compliance.

Higher Education

National nonprofits.

Major charities managing multi-program operations, functional expense allocation, and rating-agency scrutiny.

National Nonprofits

The Nonprofit
Leadership Exchange.

Nonprofit leaders learn most from each other. The Exchange is Han Group’s forum for that: webinars, peer roundtables, and board governance education for executive directors, senior staff, and board members.

Join the Nonprofit Leadership Exchange

The latest from Han Group.

Published perspective and upcoming programming for nonprofit finance leaders.

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Our offices.

Han Group serves nonprofits nationwide. Four offices anchor our practice: Washington DC, McLean VA, Stafford VA, and New York NY.

Washington, D.C.

1020 19th Street NW, Suite 800

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McLean, VA.

1750 Tysons Blvd, Suite 1500

View Our McLean Office

New York, NY.

One Liberty Plaza, 165 Broadway, 23rd Floor

View Our New York Office

Stafford, VA.

800 Corporate Drive, 3rd Floor

Your foundation deserves a financial partner.

Your compliance profile follows from how the foundation is structured and how it grants. A partner will scope against that rather than a template.

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Frequently asked questions.

Private foundations must calculate and pay excise tax on net investment income, meet an annual minimum distribution requirement, and screen transactions for self-dealing risk, none of which apply to public charities in the same way.

Form 990-PF is the annual information return required specifically of private foundations, including schedules for investment income, excise tax calculation, and grant distributions that a public charity’s standard Form 990 does not require.

The excise tax is calculated on the foundation’s net investment income under IRC Section 4940, and accurate calculation depends on correctly classifying investment income and allowable expenses against that income each year.

Self-dealing rules prohibit specific transactions between a private foundation and its disqualified persons (trustees, major donors, and their family members), and violations can trigger significant excise tax penalties on both the disqualified person and, in some cases, foundation managers who approved the transaction.

Self-dealing rules prohibit specific transactions between a private foundation and its disqualified persons (trustees, major donors, and their family members), and violations can trigger significant excise tax penalties on both the disqualified person and, in some cases, foundation managers who approved the transaction.