Foundation Accounting and Consulting

Strategic guidance to amplify your foundation's reach

With deep expertise in private foundation compliance and strategy, our team understands the unique challenges that come with tax planning, governance, and financial sustainability. We provide specialized guidance on IRS regulations, minimum distribution requirements, excise taxes, and complex accounting matters, ensuring foundations remain compliant while optimizing their financial strategies.

Whether you’re currently running a foundation or considering starting one, our advisors can help you choose the best path forward to maximize your impact.

Foundation accounting and consulting

Our teams work collaboratively and cross-functionally to provide services tailored to the unique needs of private foundations.

Audit and assurance services

High-quality independent audits and assurance services for private foundations

Tax services

Tax solutions to help you maximize opportunities to further your mission

Outsourced accounting services

Tailored accounting support designed for your success

Business advisory services

A range of business consulting services to meet your operational needs

Audit and assurance services

Our experienced team delivers independent audit and assurance services tailored to private foundations. We provide standard audits and specialty assurance solutions, leveraging deep expertise in investment auditing, including alternative assets. We help foundations navigate evolving regulations, ensuring transparency, compliance, and efficiency.

Financial statement audits

Our nonprofit audit team performs high-quality audits in accordance with GAAS to help clients successfully navigate compliance.

Uniform guidance

Our team has a deep understanding of the intricacies involved in the extra layer of audit that Uniform Guidance requires.

Internal audits

Our experienced team brings deep nonprofit audit expertise and works with you to provide timely, accurate, and meaningful internal audit services.

State compliance audits

Our team understands state compliance requirements and is experienced in interpreting state-specific guidance for our clients.

Reviews and compilations

Our independent experts perform reviews and compilations to meet your unique needs and regulatory requirements.

Agreed-upon procedures

We work with you to establish the testing procedures you need to satisfy your needs, whether for board, bank, or regulatory bodies.

Tax services

We know that compliance for tax-exempt organizations goes beyond filing a Form 990. Our nonprofit tax experts know the ins and outs of staying compliant with issues unique to you, including unrelated business income and foreign investments.

IRS forms 990-PF and 990-T filings

Our team helps you navigate Form 990-PF & 990-T filings with expert guidance, helping to ensure compliance and financial clarity.

US State filings and analysis

We help you meet state-specific filing rules for private foundations, delivering expertise and reliable compliance support.

US State filings for foreign transactions

Our team helps you comply with US filing requirements for foreign transactions, offering expert support on IRS forms and tax laws.

Large foundation estimate calculations

We help you estimate tax planning for large foundations, factoring in excise taxes, payouts, and investment income projections.

Operating and non-operating filing requirements

We help you meet filing requirements for operating vs. non-operating foundations, addressing IRS tests, tax rules, and compliance.

Unrelated Business Income (UBI) tax

We help you navigate the rules that distinguish tax-exempt revenue from UBI and help ensure that your reporting is accurate.

5% minimum distribution planning

We help you model and forecast the 5% minimum qualifying distribution, addressing IRS compliance, payout strategies, and tax impact.

Qualifying distributions

We help you understand which distributions meet payout requirements and which may be subject to excise tax.

Outsourced accounting services

Whether you need extra help in your finance office during peak times or interim leadership support during periods of transition, we can help you. We offer the expertise of a fully staffed accounting department for short-term assignments or long-term engagements―so you can focus on your mission.

Back-office services

We provide full-service, back-office support including accounts payable, accounts receivable, financial reporting, payroll coordination and facilitation, and cash flow management.

Bookkeeping

From balance sheet reconciliations, accounting clean-up, tax season deadlines, and daily accounting tasks, our team can serve as an extension of your internal team.

Business advisory services

Our teams work collaboratively to serve your organizational needs. In addition to audit, assurance, and tax services, we offer many business advisory and IT consulting services to help your foundation succeed.

Grant consulting

We help clients who receive federal grants develop risk-based, data-driven monitoring programs that balance compliance with grant optimization.

Operating foundation test forecasting

Our team helps you forecast operating foundation test compliance, analyzing income, assets, and financial trends over time.

Board education

We educate boards on how to fulfill their fiduciary responsibility and provide guidance on board governance.

Self-dealing risk and compliance guidance

We help you identify and prevent self-dealing situations, analyzing transactions, IRS rules, and compliance strategies for foundations.

Security gifting advisory services

We help you maximize the advantages of security gifting, reducing capital gains taxes, enhancing charitable impact, and optimizing deductions.

What to expect from BerryDunn

Through year-round communication and proactive advisory services, we help you identify emerging issues, plan for evolving regulations, and structure operations effectively—allowing your foundation to remain mission-driven and financially sound.