Book excerpt: Today's donors want the control over their charitable activities that the family foundation offers best. The Family Foundation Handbook provides invaluable, practical answers on how to properly structure, guide and support the family foundation -- from administration to tax compliance to grant-making to investment management. This practical guide goes far beyond the Tax Code to give advisers and clients the tools they need to harness the tremendous potential of family foundations. Family Foundation Handbook includes coverage of: the role of the foundation in estate planning; foundation management; the role of the family; grant-making rules and approaches; investments; and annual tax filing and reporting requirements. Special emphasis is placed on difficult issues, recurring problems and emerging trends in the family foundation area.