Our friends at TechSoup | NGOsource are presenting a live webinar exploring equivalency determination, its role in international giving, and NGOsource’s unique approach to this process on Tuesday, May 23, from 11 a.m. -12 p.m. Pacific time (2-3 p.m. Eastern). According to NGOsource, an equivalency determination is:
a process by which a U.S. grantmaker evaluates whether an intended foreign grantee is the equivalent of a U.S. public charity. The grantmaker must collect a set of detailed information, outlined in IRS Revenue Procedure 92-94, about the grantee’s operations and finances and make a reasonable determination of its equivalency.
NGOsource legal counsel Meghan Hanson and Martha Lackritz-Peltier will provide participants with an understanding of the following:
- What is Equivalency Determination (ED)?
- What are the requirements for an NGO to be considered equivalent to a U.S. public charity?
- How much public support is required for an NGO to qualify as a publicly supported organization, and how do we calculate public support?
- What are the benefits of ED to grantmakers and NGOs relative to expenditure responsibility?
- What are the benefits of working with NGOsource to support EDs relative to other approaches?
- What should grantmakers expect when they work with NGOsource?
- What should NGOs expect?
NGOs Equivalency Determination Guide (NGOsource)