The UK / US requirement seems both damaging and completely arbitrary. What’s the reasoning? Lots of strong charities, including many AIM-incubated ones, aren’t incorporated and instead work via a fiscal sponsor. Can you clarify if they are eligible?
Compared to last year’s donation election, which was limited to programs that are already listed on GWWC (note that they do not list all AIM-incubated programs), we expect many more programs to be eligible for candidacy this year, and I think that is already a big improvement.
To accomplish this, we are not using GWWC’s platform this year, and are instead hosting the fund directly within EV. There are still legal details we need to confirm with the EV legal team, which is why we mentioned that we plan to publish a separate post about the Donation Election — this will likely be published at the start of our Giving Season event (Nov 4), but may be sooner as well.
As Jason suggested, there is a fair amount of admin overhead for EV ops to handle the legal, financial, and grantmaking work of the donation election fund. We are really appreciative of the time they can provide us, but they also support all the other projects within EV so there is only so much we can ask of them.
For the specific question about fiscal sponsors: my understanding is that, as long as the fiscal sponsor is a registered charity in the US or UK, and the program receiving the donation agrees that we can distribute money to them via that sponsor, then that will allow the program to be eligible for the donation election.
The Forum team can confirm / disconfirm, but the rationale suggests that having a fiscal sponsor who meets the US 501(c)(3) or UK registered charity requirement would be sufficient.
For a US 501c3, there’s a lot of admin overhead to give to a non-501c3. I assume the same is broadly true in the UK. So the US/UK requirement makes sense if there’s no 501c3/registered charity on the other end.
The UK / US requirement seems both damaging and completely arbitrary. What’s the reasoning?Lots of strong charities, including many AIM-incubated ones, aren’t incorporated and instead work via a fiscal sponsor. Can you clarify if they are eligible?Edit: saw the footnote about UK/US.
Compared to last year’s donation election, which was limited to programs that are already listed on GWWC (note that they do not list all AIM-incubated programs), we expect many more programs to be eligible for candidacy this year, and I think that is already a big improvement.
To accomplish this, we are not using GWWC’s platform this year, and are instead hosting the fund directly within EV. There are still legal details we need to confirm with the EV legal team, which is why we mentioned that we plan to publish a separate post about the Donation Election — this will likely be published at the start of our Giving Season event (Nov 4), but may be sooner as well.
As Jason suggested, there is a fair amount of admin overhead for EV ops to handle the legal, financial, and grantmaking work of the donation election fund. We are really appreciative of the time they can provide us, but they also support all the other projects within EV so there is only so much we can ask of them.
For the specific question about fiscal sponsors: my understanding is that, as long as the fiscal sponsor is a registered charity in the US or UK, and the program receiving the donation agrees that we can distribute money to them via that sponsor, then that will allow the program to be eligible for the donation election.
The Forum team can confirm / disconfirm, but the rationale suggests that having a fiscal sponsor who meets the US 501(c)(3) or UK registered charity requirement would be sufficient.
For a US 501c3, there’s a lot of admin overhead to give to a non-501c3. I assume the same is broadly true in the UK. So the US/UK requirement makes sense if there’s no 501c3/registered charity on the other end.