Since its inception, BeFunded has been dedicated to empowering individuals and organizations in the field of grants and funding. Our core mission revolves around facilitating seamless access to grant opportunities, enabling successful funding endeavors, and minimizing the complexities associated with the grant application process.
BeFunded Locations Headquarters: San Francisco | Branch Offices: New York City, London, Toronto, Miami Collaboration Networks Africa & the Middle East | Asia | Latin America BeFunded Subsidiaries BeFunded Canada is a registered Canadian organization committed to simplifying and enhancing the grant application experience for Canadians, both domestically and internationally. The BeFunded Dual Taxpayer Fund (BDTF) offers dual taxpayers in select regions the advantage of optimizing their contributions with potential tax incentives, increasing the impact of their grants.
BeFunded complies with US regulations and local laws governing the movement of foreign charitable funds into grantees' home countries.
We mitigate the risk of significant excise taxes, fines, or even criminal charges by ensuring compliance with US regulations governing cross-border giving.
We protect our donors from possible reputational damage by conducting proper due diligence in grantmaking.
The Basics
BeFunded is a global grantmaking organization assisting corporations, foundations, and individuals. We streamline the grantmaking process to eliminate risk and administrative burden.
US donors cannot give directly to foreign charitable organizations and obtain a tax deduction. As a US public charity, BeFunded is able to accept funds from US donors who can then recommend that BeFunded use those funds to support foreign charitable organizations or projects. We enable donors to support the causes they care about by assisting them in making strategic, effective, and tax-advantaged grants internationally and domestically.
International giving can be complex. With BeFunded, it doesn't have to be. BeFunded and its subsidiaries have given more than $3.8 billion in charitable donations to organizations in over 135 countries around the world.
BeFunded provides end-to-end back office administration support services for a growing number of our major donors. Whether you are looking to simply identify beneficiaries that align with your mission or you are rolling out an entire grants program, BeFunded can provide assistance.
Our Grants Management Services include:
We understand that effective philanthropy begins with a clear vision and a focused plan for making that vision a reality. We also realize that not all donors are alike. Therefore, in order to best serve your specific philanthropic goals, we encourage you to contact us directly to discuss a tailored solution that works for you.
BeFunded has customized solutions for:
The connection BeFunded shares with people around the world through our services is a privilege. We understand that our success as an organization rests on holding ourselves to the highest standards.
Yes, donations made through BeFunded may be tax deductible. BeFunded is a platform that facilitates charitable giving, and in many cases, donations made to eligible organizations can be claimed as tax deductions. However, tax laws and regulations can vary by country and region, so it's essential to consult with a tax advisor or expert for personalized advice.
BeFunded can accept a variety of assets, including cash, securities, stocks, bonds, real estate, and other types of financial instruments. The acceptability of assets may depend on the specific charitable organization you intend to support and their policies. It's advisable to check with BeFunded or the organization directly for details on acceptable assets for donations.
BeFunded may charge fees or administrative costs for its services. The fees can vary depending on the type of donation, the recipient organization, and the specific services you require. It's essential to review BeFunded's fee structure and terms before making a donation or using its services to understand the costs involved.
BeFunded follows due diligence processes to help ensure that donations to foreign charitable organizations are directed securely and used for their intended purposes. This includes verifying the legitimacy and transparency of recipient organizations, monitoring fund transfers, and adhering to relevant regulations and compliance standards. BeFunded takes measures to mitigate risks associated with international giving.
BeFunded has strict policies and procedures in place to prevent and detect any potential involvement in terrorist financing or other illicit activities. These policies include comprehensive background checks and due diligence on both donors and recipient organizations. BeFunded is committed to complying with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations to maintain the integrity of its platform.