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Navigating Regulatory Requirements for Disaster and Hardship Relief Funds: A Guide for CSR Leaders

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Relief funds offer a vehicle to provide much-needed financial assistance to individuals during unforeseen disasters and personal hardships. And those that comply with regulatory requirements allow for tax-deductible donations and tax-free grants within the United States. Grant Criteria. When can an application be submitted?

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What we know about MacKenzie Scott’s 2020 grants

Candid

Over the course of 2020, MacKenzie Scott announced grants totaling almost $6 billion. At the time, we did not know anything about the grants themselves. Because Scott is not using a foundation, she is not required to release grant-specific data. These grants represent about $2.4 Grant size distribution.

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Giving Trends in Kenya: How the Growth of Mobile Payments Are Transforming Community Giving

Nonprofit Tech for Good

According to the International Center for Not-for-Profit Law , there are 6,500+ NGOs registered with the NGOs Coordination Board in Kenya. According to the International Center for Not-for-Profit Law , there are 6,500+ NGOs registered with the NGOs Coordination Board in Kenya. 67% donate in response to natural disasters. ?

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Tax Benefits of Corporate Giving, with Jon Liff, CPA at Edelstein

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However, as described under the CARES Act implemented in 2020, Jon explained, “A big change in the tax law as it relates to corporations and corporate giving right now is the increased percentage that is allowable for deduction. Corporations are able to receive a qualified charitable deduction when they donate to any 501(c)(3) organization.

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Breaking down the CARES Act:  How the New Stimulus Bill Could Provide Relief for Social Good Organizations

Connection Cafe

On Friday, March 27, the House of Representatives and the President signed into law H.R. 748, the third relief package Congress has passed, and the President has signed into law to address the US response to COVID-19. Emergency Economic Injury Grants. Community Services Block Grant – $1 Billion. Head Start – $750 Million.

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Two Tax Policies Affecting Foundations and Nonprofits in 2020

Connection Cafe

Harking back to December 2017, the House and Senate passed, and the President signed into law, the Tax Cuts and Jobs Act of 2017, also known as TCJA or Tax Reform 2017. Besides the complexity, the two-tiered process could penalize a foundation for granting more dollars during a time of need. and issues of importance to the sector.

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4 bbcon Takeaways for Philanthropic Organizations to Power 2019 Planning

Connection Cafe

Consumers can ask you publicly about your social good efforts on social media, team members across the world need immediate access to a grant application, funding recipients in remote villages can provide previously inaccessible data, and more. . That means marketing, finance, analytics, grants management, and more.