U.S. Senator Bernie Sanders, the famed curmudgeon photographed at President Joe Biden‘s inauguration wearing mittens and a scowl behind his facemask in an image that instantly became a meme, said on Sunday he was happy it may help raise millions for charity. Lifting spirits around the world since it went viral, the meme depicts everything from Sanders’ mittens touching Michelangelo’s Hand of God in the Sistine Chapel, to the Vermont Democrat helping actor Demi Moore mold clay at the pottery wheel from

Finch Auto Group says thanks to hundreds of individuals and its own matching donations, $1.15 million has been donated to charities in the Middlesex-London region.   The final tally is well beyond the initial goal of $200,000 in four months, the auto group adds. The ‘Finch Match my Donation’ campaign launched in September with a pledge to match $50,000 per month for four months. Instead, nearly 2,000 individual donations brought in more than $850,000 total, inspiring Finch Auto Group to

Charities have become hard-pressed to meet recipients’ needs as financial distress grows during the pandemic. More consumers are struggling with food insecurity and unemployment, placing greater demand on food banks and other nonprofits. These organizations are finding it more difficult to effectively use traditional fundraising methods to fuel their services, however. Nonprofits have hit hurdles in raising money, due in part to health concerns that make it unsafe to host in-person fundraising events like benefits, concerts and dinners. Consumers may be less willing to let go of their money during this time of

Prism the Gift Fund (Prism) is a UK registered charity- a Donor Advised Fund- that administers the giving of individuals, groups and foundations making significant gifts all over the world.   The Philanthropy Paradox, a think piece commissioned by Prism the Gift Fund looks at public attitudes and prospects for planned giving, highlighting worrying negative attitudes towards philanthropists at a time when the third sector most needs the support. The report is based on a survey conducted by NatCen with

The Canada-U.S. treaty provides significant relief for cross-border charitable activities. The treaty, and the competent authority agreement that implements it, says that a religious, scientific, educational, or charitable organization organized under the laws of either country and recognized therein as exempt is automatically recognized as exempt in the other country; it is not necessary to make an application to the other country. To qualify, a U.S. organization must be recognized by the IRS as exempt under Code section 501(c)(3), and

This article examines the applicability of the U.S.-Canada Income Tax Treaty, which carves out an exception permitting deductibility if the U.S. individual has Canadian source income, and, it will discuss options for using a U.S. charity for indirect cross-border philanthropy for individuals who do not have Canadian source income.   By Catherine B. Eberl and Marla Waiss While it’s easy enough to make a charitable do-nation to a Canadian charity, finding a way to deduct the contribution for U.S. income