Global Philanthropy

In honor of Women’s History Month, we’d like to share the following blog post from the Community Foundation of Ireland. It offers excellent examples of ways a foundation can work to improve the lives of women and girls, and – in the spirit of December 2015’s Global Summit on Community Philanthropy – it’s a testament to the value of cross-border knowledge exchange.

At the Council, we believe that FATF is a global regulatory body that too many foundations do not understand, especially as it relates to their cross-border giving and advocacy for improved enabling environments for grantees around the world. We are, therefore, excited to share a recent webinar from the Global NPO Coalition on FATF which provides a good overview for foundations about what FATF is and what the new standard (Recommendation 8) may mean for nonprofit organizations (including foundations) in the U.S. and around the world.

Earlier this month, the Chinese government released the official Guidelines on Organizational Registration and Temporary Activities Reporting under the 2016 Overseas NGO Law in China. You can find the guidelines in Chinese, including forms and charts, online via the Ministry of Public Security. An official English translation of the implementation guidelines is not yet available, but a trusted translation is available from China Law Translate.

Senior Counsel Lara Kalwinski offers a quick review and summary of the Financial Action Task Force (FATF) and the Asia/Pacific Group on Money Laundering (APG) fourth mutual evaluation of the United States anti-money laundering and counter-terrorist financing framework, which was released on December 1, 2016.