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. 

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