I have a bit of a specific question: Do you know any organisation that could act as a bridge between a US donor and a French non-profit? I’m part of a French organization in such a situation. No problem if you don’t have an answer.
The US donor is donating through a DAF and wants to give to a tax-deductible US 501(c)(3) nonprofit—that would send the money to the French org.
The answers I got so far from asking around:
One option is asking the US nonprofits I know of to receive and transfer the money.
However, this requires on their side to make an Equivalency Determination that certifies the US and French organisations are close enough for the money transfer, which seems a costly and heavy process (this ED is $1500, not sure about this one).
I know a French charity which received money from large funders (ex. EA Funds), and they just had to sign a grant agreement without complicated paperwork—so maybe this is it.
Another option is getting a fiscal sponsorship. I’ve heard that Ambitious Impact redirects towards PPF (which takes a 6% cut on the donation), there’s also NPT (3-7% cut in our case).
Which of these options seems like the best? I’d be curious to hear about your opinion.
I don’t know enough to recommend any of those options over another, but I’d start with talking with the DAF or the donor. It’s possible that your situation isn’t the first time they’ve had to deal with a US-France gift, so I’d start there. Based on that response, we could narrow down the options to identify the ideal one for you.
Hello !
I have a bit of a specific question: Do you know any organisation that could act as a bridge between a US donor and a French non-profit? I’m part of a French organization in such a situation. No problem if you don’t have an answer.
The US donor is donating through a DAF and wants to give to a tax-deductible US 501(c)(3) nonprofit—that would send the money to the French org.
The answers I got so far from asking around:
One option is asking the US nonprofits I know of to receive and transfer the money.
However, this requires on their side to make an Equivalency Determination that certifies the US and French organisations are close enough for the money transfer, which seems a costly and heavy process (this ED is $1500, not sure about this one).
An org with Expenditure responsibility could apparently do this as well, but I don’t know any.
I know a French charity which received money from large funders (ex. EA Funds), and they just had to sign a grant agreement without complicated paperwork—so maybe this is it.
Another option is getting a fiscal sponsorship. I’ve heard that Ambitious Impact redirects towards PPF (which takes a 6% cut on the donation), there’s also NPT (3-7% cut in our case).
Which of these options seems like the best? I’d be curious to hear about your opinion.
Hi @CB🔸,
I don’t know enough to recommend any of those options over another, but I’d start with talking with the DAF or the donor. It’s possible that your situation isn’t the first time they’ve had to deal with a US-France gift, so I’d start there. Based on that response, we could narrow down the options to identify the ideal one for you.
Ok, it feels like the DAF and the donor didn’t have to deal with that in the past (and have limited time availability for technical elements).
I’m also asking French charities and getting some feedback since a few apparently dealt with that.