Legal and compliance information about our partner, The ...

Legal and compliance information about our partner,

The Blackbaud Giving Fund

What is The Blackbaud Giving Fund?

The Blackbaud Giving Fund is a nonstock corporation organized in Delaware and an Internal Revenue Code Section 501(c)(3) public charity organized and operating exclusively for charitable purposes. The Blackbaud Giving Fund is the sponsoring organization of a donor advised fund.

What is a donor advised fund (DAF)?

A donor advised fund (DAF) is a type of giving program administered by a third party that allows donors to receive immediate tax benefits (donations treated as tax-deductible charitable contributions) with the flexibility to easily support their favorite charities.

Who controls The Blackbaud Giving Fund?

The Blackbaud Giving Fund is led by an experienced board of directors. Additionally, the organization is led by an Executive Director who is a former executive at the largest donor-advised fund in the U.S.

What is the relationship between Blackbaud and The Blackbaud Giving Fund?

Blackbaud and The Blackbaud Giving Fund are partnering together in a business relationship. This arrangement is memorialized in a contract between the parties pursuant to which Blackbaud provides management and program services to The Blackbaud Giving Fund. Blackbaud and The Blackbaud Giving Fund are separate legal entities and The Blackbaud Giving Fund is not controlled by and is not a program or activity of Blackbaud.

How does YourCause fit into the partnership between Blackbaud and The Blackbaud Giving Fund?

Blackbaud acquired YourCause in January of 2019 and YourCause is now a wholly-owned subsidiary of Blackbaud. (YourCause is a disregarded entity for tax purposes which is why YourCause appears on Line 2 of the Form W-9 of Blackbaud.) YourCause acts as an agent of The Blackbaud Giving Fund for the purposes of receiving donations and making grants.

Does sending donations to YourCause bank accounts jeopardize the donations' treatment as charitable contributions?

No. The applicable regulations and IRS rulings confirm that a donor may take a deduction for a contribution that is made to a duly-appointed agent of a charitable organization.

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Who owns and controls charitable contributions facilitated through the CSRconnect platform?

Funds, once received by YourCause (for credit card donations, at the time of the transaction and for payroll and corporate matching donations, at the time of the funding by a corporate customer), are owned and controlled by The Blackbaud Giving Fund, as prescribed by the laws applicable to DAFs.

What is The Blackbaud Giving Fund's position on "donor advisement"?

The Blackbaud Giving Fund has established and adheres to a policy of following a donor's advisement (i.e. the recommendation made by an individual employee if donating his or her own money or by a company if donating corporate funds) for the ultimate recipient of the funds except in very rare cases, for example, where making such a grant is not possible or prohibited by law. In such cases, The Blackbaud Giving Fund and Blackbaud have agreed on procedures to notify the applicable donor and obtain an alternative recommendation for the recipient of the funds.

What nonprofit organizations in the U.S. are available to receive grants from The Blackbaud Giving Fund?

Generally, the Blackbaud Giving Fund may make grants to all non-profit organizations permitted by law to receive grants from a donor advised fund. DAF grant eligibility for ?501(c)(1) and ?501(c)(3) organizations is summarized below:

Eligible U.S. grants include grants to: a. churches or conventions or associations of churches (?170(b)(1)(A)(i)) b. universities, colleges, and primary schools (?170(b)(1)(A)(ii)) c. hospitals and medical research organizations (?170(b)(1)(A)(iii)) d. organizations formed for the benefit of public universities (?170(b)(1)(A)(iv)) e. states and possessions of the United States and political subdivisions of the United States and its states and possessions (?170(b)(1)(A)(v)) f. publicly-supported charities (?170(b)(1)(A)(vi) or ?509(a)(2)) g. private operating foundations (?4942(j)(3)) h. Type I, Type II or functionally integrated Type III supporting organizations (?509(a)(3))

Ineligible U.S. grants include grants to: a. private-non-operating foundations (?509(a)) b. non-functionally integrated Type III supporting organizations (?509(a)(3)) c. support a political campaign or lobbying activity

What foreign charitable organizations are available to receive grants from The Blackbaud Giving Fund?

Generally, The Blackbaud Giving Fund may make grants to a foreign nonprofit organization if The Blackbaud Giving Fund, through an established process, can make a reasonable, good faith determination that the organization is the equivalent of a U.S. public charity. In addition, The

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Blackbaud Giving Fund has established partner relationships with certain domestic and foreign grantmaking organizations. The Blackbaud Giving Fund uses these partners to facilitate certain grants to foreign charitable organizations.

What is The Blackbaud Giving Fund's approach to compliance?

The Blackbaud Giving Fund takes its legal and compliance requirements very seriously. The Blackbaud Giving Fund's DAF program, its partnership with Blackbaud and all of its policies and operations are designed to comply with applicable law.

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