A practical guide to international philanthropy
By: Jonathon R. Moore.
Publisher: Cambridge University Press
Published: 2010
Place of publication: Cambridge; New York
Language: eng
Number of pages: 360
ISBN-13: 9780521116411
Subjects: Charitable uses, trusts, and foundations -- United States; Nonprofit organizations -- Law and legislation -- United States; Charities -- United States
Description: "This book is a practical guide addressing the issues faced by philanthropists seeking to engage in international charitable activities and offers alternative approaches to traditional U.S.-based foundations. A significant portion of the regulatory burdens facing U.S. private foundations derives from tax benefits available to donors under U.S. law. A charitable organization must initially qualify and then be maintained under a complex regulatory regime. If some or all of these tax benefits are either unavailable or not needed, or if the tax advantages are outweighed by the burdens of regulatory compliance, foundations can be established in foreign jurisdictions. Charitable activities can then be operated flexibly and privately outside the constraints of the U.S. regulatory regime. For existing private foundations, this book suggests strategies designed to hedge against ever-increasing and intrusive regulation."--Jacket.
Notes: Includes bibliographical references and index.
Table of contents: title: Introduction; title: Fundamental concepts relating to charitable organizations; title: U.S. legal framework governing charitable organizations; title: U.S. legal constraints; title: Constraints on cross-border philanthropy; title: Why create a foreign charity?; title: Picking a jurisdiction; title: Establishing a foreign charitable foundation; title: Representative structures; title: Further resources.