Ep. 33 Private Foundations Demystified: How Everyday Donors Can Build Lasting Impact with Amanda Flanagan

If you think private foundations are only for ultra-wealthy families, this episode may completely change your perspective. In fact, most private foundations in the U.S. were started with $1 million or less making them far more accessible than many donors realize. In this episode, Rick Peck sits down with Amanda Flanagan of Foundation Source to break down what private foundations actually are, how they work, and why they remain one of the most flexible and powerful tools for strategic, values-driven giving.Amanda shares how private foundations allow donors to go beyond traditional grantmaking offering the ability to fund scholarships, support individuals in times of crisis, invest in charitable initiatives, and even lend to nonprofits. You’ll also learn how foundations can be funded creatively with assets like real estate, stock, and cryptocurrency, and how they can serve as a long-term vehicle for multi-generational philanthropy. Whether you're a donor, advisor, or nonprofit leader, this conversation will help you rethink what’s possible when it comes to building a legacy of impact.Contact Rick Peck:Website: https://www.thephilanthropyguy.comEmail: [email protected] A call: Rick Peck's CalendarSign Up For Charitable Giving Newsletter: Charitable Giving NewsletterLinkedIn: Richard PeckContact Kerri Fernsworth: Website: Authentic Legacy VideoEmail: [email protected]