Funneling U.S. non-profit donations to a foreign country
August 7, 2024 10:30 AM Subscribe
I'm looking for ways to have a non-profit presence in the United States to funnel money to a non-profit entity in Mexico. The idea is for people to get the tax break in the U.S. and have an entity that people can donate to through Benevity. Forming a 503(c) ourselves and working whatever legal magic is necessary is a last resort. There might be services that could set this up for us? Or other ways to do it?
We've been doing this through a Catholic Diocese in Pennsylvania, but they've started to lose interest and we should probably have a backup in place.
This is a dot the i's and cross the t's sort of thing, as the DEA pays extra attention to money flowing from the U.S. to Mexico.
We've been doing this through a Catholic Diocese in Pennsylvania, but they've started to lose interest and we should probably have a backup in place.
This is a dot the i's and cross the t's sort of thing, as the DEA pays extra attention to money flowing from the U.S. to Mexico.
Best answer: Seconding fiscal sponsors. Feel free to PM me, but I actively work in the fiscal sponsor field.
posted by something_witty at 1:42 PM on August 7
posted by something_witty at 1:42 PM on August 7
If it is academic related - universities will be interested.
posted by Barbara Spitzer at 12:51 AM on August 8
posted by Barbara Spitzer at 12:51 AM on August 8
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10% of donation income is a typical cut for a competent fiscal sponsor, and in my experience it's completely worth it. I've been a volunteer on fiscally-sponsored projects and I'm a volunteer board member for a small independent 501(c)(3), so I know how much work they save. Agree that forming your own 501(c)(3) is a last resort - it takes up volunteer capacity that is better used on program work.
posted by dreamyshade at 10:59 AM on August 7 [1 favorite]