What resources are available for setting up a scholarship fund?
The resources you need will depend on whether you want donations to your scholarship fund to qualify for tax deductions.
Answers to your most pressing social sector and nonprofit questions.
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The resources you need will depend on whether you want donations to your scholarship fund to qualify for tax deductions.
It is essential for nonprofits to know about the public support test, because receiving the majority of funding from a single source could change a nonprofit’s IRS status from public charity to private foundation.
IRS regulations prohibit 501(c)(3) public charities from specific types of activities and require certain levels of reporting and public disclosure.
This article has a number of different ways to find the words you need.
A payout requirement is the minimum amount that private foundations must spend each year for charitable purposes.
Candid's research staff routinely reports on a variety of foundation and corporation giving data.
According to the Forum of Regional Associations of Grantmakers' More Giving Together, a giving circle "is formed when individuals come together and pool their dollars, decide together where to give the money (and other resources such as volunteer time), and learn together about their community and philanthropy."
Foundation Center joined forces with GuideStar in 2019 to become Candid. Candid connects people who want to change the world to the resources they need to do it It serves grantseekers, grantmakers, researchers, policymakers, the media, and the public.
Follow these step-by-step instructions to access Candid's collection of eBooks and audiobooks.
You can also help us ensure that the information we present about your grantmaking is current and correct! This article describes how.
It is always a good idea to know about other organizations and funders working in the same areas as you. You may wish to collaborate, check out an innovative program, or model a grant after another organization’s efforts. This is also a good way to connect with thought leaders in your areas of interest.
Get details about Candid’s core tools that grantees and applicants typically use to identify potential funding partners.
Scanning the field for knowledge about issues, program areas, lessons learned, and collaborations is critical to understanding your role in moving the social sector forward.