Celebrating Bill Bowes

Our PFS team is saddened to share the news that Bill Bowes, the President and Founder of the William K. Bowes, Jr. Foundation and a client of Pacific Foundation Services, passed away on December 28, 2016. We have heard from many of his grantees with whom he had worked...

Making Sense of the 5% Rule

There is much talk in philanthropy about the “five percent rule,” the legal requirement that each year, a private foundation is required to spend at least five percent of its endowment on grants and expenses related to charitable activity. Clients are often asking me...