A Guide to International Giving
Giving can extend far beyond the U.S. and here are a few steps to get started.
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Giving to international organizations has become a growing portion of Americans’ charitable activities. In 2020, Americans gave $25 billion to domestic and international groups working outside the country, which is more than the federal government’s non-military foreign aid budget. However, this amount is only around 1 percent of the federal budget.
In this article, we’ll talk about some steps you can take to make international philanthropy a more integral part of your life.
QUICK RESPONSE
When responding to sudden global priorities, donors often have to balance their desire to act responsibly with their need to act fast. Finding an approved domestic charity is one of the most effective ways to support international causes. This can help raise funds for international projects more quickly. Another way to support international causes is by working with an intermediary known as a “friends of” organization.
A wide variety of humanitarian and relief organizations based in the US can benefit from your donations. Before you give to one of these organizations, make sure you know their history and achievements.
MEET THE REQUIREMENTS
Additional steps must be taken when giving to a charity outside of the US. Doing so will allow you to make an informed decision and ensure that the funds reach their intended recipient.
International grants are similar to those given to a domestic organization in that they carry specific legal requirements. The next step involves determining their intended recipient and the expenditure responsibility.
MORE THAN MONEY
Traditionally, cash donations have been the most effective method of making a difference. While in-kind donations are appealing, direct grants allow organizations to provide the flexibility they need. Despite the advantages of cash donations, it’s important to note that a donor-advised fund can accept complex and illiquid assets.
While cash remains an effective method of giving abroad, a donor-advised fund can also accept complex and illiquid assets that can be used for charitable purposes. This is because a fund can convert various assets, such as real estate, stock, and cryptocurrency, into cash. This is often easier than donating directly to a charity.
CONCLUSION
Many effective charitable organizations are operating in the US and around the world that can use your support. Whether helping with disaster relief or protecting an endangered species, you can make a difference by donating to these organizations. Follow these guidelines to make international grants easier.
About Patrick Reed
Hailing from Houston, Texas, Patrick Reed is a professional golfer who plays on the PGA Tour and the European Tour. In his time as a PGA golfer, Reed has experienced significant success, becoming known as a force on the Tour. In August 2019, following a strong weekend of golf, Reed secured his 7th PGA Tour title by winning the 2019 Northern Trust at Liberty National Harbor Golf Club in New Jersey.
The success at Liberty National Harbor Golf Club came after Patrick Reed’s breakthrough year in 2018. While competing in the 2018 Masters Tournament in Augusta, Georgia, Reed displayed an exceptional performance throughout the course of the tournament. His high level of play would help Patrick Reed win his first Masters Tournament on April 8, 2018, helping him jump to number 11 in the world. Reed’s historic win would mark a notable shift in his professional career.
Before winning the Masters Tournament in 2018, Patrick Reed was already becoming known as a force to be reckoned with. In 2014, Reed won the WGC-Cadillac Championship, replacing Woods as the youngest-ever winner of a World Golf Championship. The victory at Trump National Doral marked Reed’s third PGA TOUR win in a seven-month span, including the 2013 Wyndham Championship and the 2014 Humana Challenge.
At Humana, Reed set the PGA Tour record for most strokes under par after 54 holes after three consecutive rounds of 63 to start the tournament. In September of 2014, Reed made his impassioned debut on the U.S. Ryder Cup Team, amassing a 3-0-1 record.
About the Creator
Patrick Reed
Hailing from Houston, Texas, Patrick Reed is a professional golfer who plays on the PGA Tour and the European Tour.
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