An act of self-dealing may be direct or indirect. An indirect act of self-dealing generally occurs as a transaction between a disqualified person and an organization controlled by a private foundation. However, certain transactions between a disqualified person and an organization controlled by a private foundation will not be treated as indirect self-dealing: Certain business transactions Grants to intermediaries Transactions during the administration of an estate or revocable trust Transactions with certain non-controlled organizations Certain transactions involving limited amounts Transactions involving disqualified persons, in which a private foundation could itself engage Return to Life Cycle of a Private Foundation
