Foreign nonprofits seeking to facilitate the charitable giving process of U.S. donors can now do so by establishing a Fiscal Sponsorship Fund through TRF. Such funds, commonly referred to as “Friends of” Charity funds, are convenient and cost-effective ways for Latin American-based nonprofit organizations to accept tax-deductible contributions from donors in the United States.
Through the creation of a Fiscal Sponsorship Fund, qualified local nonprofits do not have to spend the considerable time, money, and effort required to establish and administer a public charity in the United States. Instead, they can focus on the creation and management of their U.S. fundraising appeals and programs knowing that they can receive tax-deductible donations of any size through TRF. Their donors can also be confident that their support is being handled securely and efficiently by a recognized leader in the field.
For example, The ProYouth Brazil Fund at TRF enables ProYouth’s U.S.-based supporters to efficiently support its programs benefiting at-risk youth, while making tax-deductible donations. TRF helps ProYouth simplify the donation process, offers flexible giving options, manages donor activity reports, processes all grants, and provides the framework for funds transfer.
For additional information on this exciting offering or on any other of our services, please contact us at 212-675-6170.
TRF’s Fiscal Sponsorship Funds: