The following transactions are generally considered acts of self-dealing between a private foundation and a disqualified person: Sale, exchange, or leasing of property, Leases (but see Certain Leases, under Exceptions to Self-Dealing) Lending money or other extensions of credit, Providing goods, services, or facilities, Paying compensation or reimbursing expenses to a disqualified person, Transferring foundation income or assets to, or for the use or benefit of, a disqualified person, and Certain agreements to make payments of money or property to government officials. In addition, the law prohibits indirect self-dealing. Thus, transactions between organizations controlled by a private foundation may also be taxable self-dealing. Additional information Exceptions to self-dealing Transitional rules Number of self-dealing acts Return to Life Cycle of a Private Foundation
