This seminar article was originally written in 2004 and delivered at the State Bar of Texas Course: Representing Nonprofit Organizations. It was substantially revised following the IRS revisions to Form 1023 in 2006. The most recent revisions are from May 2011 where the paper was delivered at the Tarrant County Bar Association All-Star CLE.
Basics of International Grantmaking, University of Texas 24th Annual Nonprofit Organizations Course, Austin, Texas, January 12, 2007
This seminar paper provides an overview of the legal requirements for making grants to international recipients by both public charities and private foundations. The paper discusses best practices for public charities including pre-grant due diligence and, written grant agreements, and periodic reporting and requirements of expenditure responsibility or equivalency determinations for private foundations. The paper also highlights alternatives such as making grants to domestic organizations for international work. Finally, the paper discusses compliance with anti-terrorism measures in place at the time of the writing of the paper.