Posts Tagged ‘OFAC’

The issue of a charity having operations in a foreign country is rather complex, one that involves oversight not only by the Internal Revenue Service, but also Homeland Security.  It is fraught with pitfalls that can only be avoided if you understand the rules.  The Foundation Group has worked with thousands of 501(c)(3) clients with foreign activities…and each situation is different.  We can only scratch the surface in this article, but our goal is help you understand some of the challenges associated with foreign country activities.

This subject can best be divided into two primary scenarios:  1) direct activities and 2) charitable giving.  Let’s look at each in order:

Read the rest of this entry »