Home Page
Gifts & Grants
Fund Raising
Managing Nonprofit Groups
Technology
Philanthropy Today
Jobs
Guide to Grants
The Nonprofit Handbook
Facts & Figures
Events
Deadlines
Current Issue
Back Issues
Directory of Services
Guide to Managing Nonprofits
Continuing-Education Guide
Fund-Raising Services Guide
Technology Guide
About The Chronicle
How to Contact Us
How to Subscribe
How to Register
Manage Your Account
How to Advertise
Press Inquiries
Feedback
Privacy Policy
User Agreement
Help
|
|
|
|
|
|
November 06, 2008
Foundations Get Help Vetting Foreign Grantees
The Council on Foundations announced today that a San Francisco nonprofit group has been picked to help private foundations in the United States ensure that recipients of grants to foreign charitable groups meet U.S. antiterrorism standards.
TechSoup Global, in the Bay City, is planning to become a repository of information about international groups, noting their purposes and activities, financial data, and copies of relevant foreign laws governing the organization.
Such information is necessary under Internal Revenue Service rules for U.S. groups that distribute grants to foreign organizations. Under the law, each group seeking to award a grant to a foreign group must get approval before doing so. The repository will help foundations by storing the documents, making it easier to navigate the approval process.
The council has been working on the repository project since 2007 with help from the Foundation Center, Independent Sector, and InterAction. The council is entering into a multi-year contract with TechSoup to build the repository.
—Eric Kelderman
Commenting is closed for this article.
Previous: Charities Benefit in Ballot-Measure Votes on Election Day
Next: Discussions About Philanthropy and the Obama Administration
Copyright © 2009 The Chronicle of Philanthropy