Charities Aid Foundation (CAF) America have released ‘Cross-Border Giving: A Legal and Practical Guide’ a new resource for grantmakers and organisations seeking US-based donors. The publication covers topics including ethical grantmaking, the closing space for civil society, equivalency determination & expenditure responsibility, and preparing for an audit.
‘Cross-border donors often face daunting challenges. Complex U.S. and international regulatory frameworks apply to cross-border giving, and a lack of understanding of these rules and regulations can result in excessive exposure of donors to risks impacting both their bank accounts and their reputation. In this age of increased prevalence of money laundering, terrorist financing, and an ongoing global trend tightening has never been more difficult nor more important to achieve.’ Ted Hart, President and CEO, CAF America.
CAF America recommends the resource for any professional in international philanthropy and is relevant to any person or organization working across borders.
‘This important reference will help experienced and new grantmakers, organizations seeking US-based donors, and anyone seeking a deeper impact with their giving. The regulations for international giving can be daunting; this book brings clarity and cuts through the confusion. I highly recommend it.’ Dr Mellissa A. Berman, President and CEO, Rockefeller Philanthropy Advisors.