CAF America’s Post

An Equivalency Determination (ED) is one of two processes that enables American grantmakers to give tax-advantaged donations directly to international charities. While using an ED can be complex, it is a flexible and effective tool for funding projects with long-term impact. As an international grantmaking intermediary, CAF America is here to help US donors give safely to non-profit organizations around the world, including through EDs. Learn more about Equivalency Determinations and if it might be right for your giving in the first installment of our series exploring these tools and best practices for making regulatory compliant cross-border grants. https://lnkd.in/gb3hxUpw

Loved this recent special report by The Economist (by Avantika Chilkoti who has spent (in her own words) a "large chunk of last year reporting on philanthropy"), especially with a look at the market in #asia. It's paywalled online, but available to purchase in hardcopy IRL. For me, two chapters stood out: Making Philanthropy Simpler (felt US focussed), and Philanthropy in Asia. It's great to see a look at the side-by-side markets, the nuances of "giving" in different cultural contexts, and how this is changing in execution and measurement globally. Looking at APAC (where my role with #AtlassianFoundation is focussed), some key takeaways were; 1) It was positive to see it was noted that traditionally giving in Asia is "less formal" than in the US - for example, in the US grants are more common, and in Asia there is a higher donation of time (which is part of community culture). 2) If including this "informal" donation, then Indonesia is technically the world's most generous country (vs the US if just dollars donated was considered - the US saw almost $500bn donated in 2022, as highlighted in the article). 3) Also interesting is the shift in private philanthropy to supporting broader causes vs local community challenges (ie environmental change) that have international impact. This is a very light take - but I am very happy to dive in deeper with anyone who wants to chew the fat and discuss this report further :)

💲Giving USA reports that U.S. charities received $557.16 billion in 2023. 👥The leading source of those funds? Individuals, who accounted for 67% of all contributions. 🎯How to reach and connect with those generous donors? Here are some books on my shelf that may help to understand philanthropy from both sides … how to give effectively and how to secure those gifts.  

#DidYouKnow FFTC distributes grants to public charities within our 13-county region and throughout the United States? The vast majority of grants (98%) are recommended by fundholders from their FFTC-held funds to benefit the nonprofits and causes of their choosing. Conversely, discretionary grants are recommended by FFTC’s local volunteer boards and committees and represent 2% of total grantmaking. These charts represent total grantmaking from all FFTC funds, as well as the portion that is discretionary for the benefit of local needs. Learn more by reading our 2022-2023 Annual Report: https://ow.ly/35YL50Qmf1h

📢 DO YOU WANT TO HEAR COMPELLING STATS THAT PROVE YOUR POWER TO CORPORATES? Join our upcoming webinar where we'll be presenting the statistics of the 2023 Conscious Consumer Report. These are stats you must use in your presentations to corporates and on your website. They validate that non-profits are a powerful partner, not a needy beneficiary. Stats like 76% of Australians believe that corporates should partner with charities. ⭐️To join our webinar visit: https://lnkd.in/gw-G7mYq Once-only, NOT recorded

Only a few places left for this 4-hour masterclass about Trust & Foundations with James Laverty ,Grants Manager at Belfast Charitable Society, Belfast’s oldest Charity. BOOK HERE: https://lnkd.in/ezCVfKZu What makes a successful funding application? What should you include (and exclude)? How do you stand out?  This Masterclass will enable you to: · Gain a better knowledge of Trusts and Foundations and the independent grant making sector · Describe what makes a successful funding application · Identify how to prepare and what to include when completing an application form · Gain an insight into the funder’s perspective · Identify potential funders Limited places available. BOOK HERE: https://lnkd.in/eHqk2SWH #CO3EmpoweringLeadersDriving Change

As the philanthropic regulations in Canada change, CAF Canada is committed to ensuring your philanthropy is tax-effective and stays regulatory compliant. Earlier this month, we hosted a webinar, “Giving Insights: Unpacking the CRA’s New Tools for Granting to Non-Qualified Donees” reviewing the impact these changes will have on international charitable funding. Missed the webinar? Watch the recording here: https://lnkd.in/enmaCkrc

Only 2 places left for this 4-hour masterclass about Trust & Foundations with James LavertyGrants Manager at Belfast Charitable Society, Belfast’s oldest Charity. BOOK HERE: https://lnkd.in/e7FhWYPA What makes a successful funding application? What should you include (and exclude)? How do you stand out?  This Masterclass will enable you to: · Gain a better knowledge of Trusts and Foundations and the independent grant making sector · Describe what makes a successful funding application · Identify how to prepare and what to include when completing an application form · Gain an insight into the funder’s perspective · Identify potential funders Last 2 places available. BOOK HERE: https://lnkd.in/eQB2uEMp #CO3EmpoweringLeadersDriving Change

Gift Aid is a powerful tool that allows charities to increase their impact by reclaiming 25p every time a UK taxpayer donates £1, at no additional cost to the donor. However, with any financial system, there are both benefits and restrictions associated with it. In our recent blog, we take a look at the advantages and limitations of gift aid and discuss strategies for charities to maximise their income 👉 bit.ly/3Sh2IBo.

Many foreign non-profit organizations are unable to be recognized as a public charity in the US due to the financial and administrative burden that comes with registering and maintaining a 501(c)(3). As an alternative, the IRS offers the Equivalency Determination and the Expenditure Responsibility as tools for donors and grantees to use when facilitating regulatory compliant cross-border grants. Find out which option is best for your philanthropic needs in the latest installment of our blog series explores the features, similarities, and differences between these two processes: https://lnkd.in/eHgdCQgh