Blog: regulations

Substantiating and Reporting Charitable Contributions: Requirements from the IRS

Effective July 30, 2018, the IRS published final regulations for Substantiation and Reporting Requirements for Cash and Noncash Charitable Contribution Deductions. These updates guide individuals, partnerships, and corporations making charitable contributions on how these contributions should be substantiated and reported in order for them to be legally tax-deductible. These regulations clarify existing regulations by adding new… CONTINUE READING >>


Giving to India? FCRA Compliance and More

In Brief Donors in the United States may not give directly to Indian nonprofits and receive a tax deduction in the US. By giving through CAF America, US donors can make tax effective donations to any successfully vetted foreign charitable organization. Giving to a foreign nonprofit without conducting due diligence on the organization and its… CONTINUE READING >>


IRS Publishes New Guidelines for Equivalency Determination

Many international grantmakers in the U.S. were very pleased when in 2015 the Department of Treasury published its final regulations called “Reliance Standards for Making Good Faith Determinations.” With near lighting speed, for the IRS, just two years later on September 14th, 2017, the IRS has released Rev. Proc. 2017-53. These new guidelines clarify the… CONTINUE READING >>


Anti-Money Laundering Compliance for Grantmakers: The Good, The Bad and The Regulatory

A recent announcement by the Financial Action Task Force (FATF) is giving the charitable sector a new reason to celebrate. For years, governments have cautioned potential donors that the entire charitable sector, made up primarily of Nonprofit Organizations (NPOs), is at a greater risk for being used to commit money laundering and other illegal activities. Such… CONTINUE READING >>


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The Game Changers

Participating in an after-school debate or a Model United Nations club, or being part of a basketball team are experiences many remember as an exciting foundation of their youth. However, for youth at risk—as are over 75% of school kids who have experienced violence—engaging in an after-school program can be life-saving.  Such programs serve as… CONTINUE READING >>

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