Equivalency Determination vs. Expenditure Responsibility:  Which Is Right for You?

What Is Expenditure Responsibility?

How can U.S. foundations make a tax-advantaged gift to a foreign NGO that is not designated as exempt under Section 501(c)(3) of the Internal Revenue Code? And, how can donors be assured that their donation is used appropriately? The IRS provides U.S. grantmakers with...
Equivalency Determination vs. Expenditure Responsibility:  Which Is Right for You?

What Is Equivalency Determination?

How can U.S. foundations make a tax-advantaged gift to a foreign NGO that is not designated as exempt under Section 501(c)(3) of the Internal Revenue Code? And, how can donors be assured that their donation is used appropriately? The IRS provides U.S. grantmakers with...