Fundraising Dictionary of Terms


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Expenditure Responsibility

In general, when a private foundation makes a grant to an organization which is not classified by the IRS as a public charity, the foundation is required by law to provide some assurance that the funds will be used for the intended charitable purposes. Special reports on such grants must be filed with the IRS. Most grantee organizations are public charities, and many foundations, do not make expenditure responsibility-grants.

 

 

 

 

 


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