- philanthropic advisor / grantmaker—
spent 10 years earning-to-give as a hedge fund manager
- built and led a 20-evaluator grants process
- fund manager, AI Safety Tactical Opportunities Fund
- chair, investment committee, Founders Pledge
- board member, Rethink Priorities
- board member / seed funder, Suvita
- board member / seed funder, Family Empowerment Media
- speculation grantor, Survival and Flourishing Fund
- advisor, Charity Entrepreneurship
Thanks for that! That seems reasonable. I’d like to point out that this advice only applies to US staff, who have an obligation to report their foreign accounts (above some balance). I’d assume only the folks who have access / authority over the account have a filing requirement, not all US staff in the org. My experience is that this level of FBAR reporting isn’t onerous.
https://www.irs.gov/businesses/small-businesses-self-employed/report-of-foreign-bank-and-financial-accounts-fbar
You need this information, and only the last requires some math:
(As a US citizen with a UK bank account from working abroad, I file FBARs for my personal accounts.)