Give2Asia and partners launch Myriad, a new alliance for borderless giving in over 100 countries and territories – World
Donors on four continents can now support charities in over 100 countries with standardized services and fees and, in many cases, local tax benefits.
Today, Give2Asia is pleased to announce the launch of Myriad, a new philanthropic alliance to facilitate and encourage charitable giving across borders.
The member organizations of the Myriad alliance aim to address the significant logistical and compliance hurdles donors face when supporting charities abroad. The alliance will also allow charities to raise funds from their international donors in more places. For example, a nonprofit organization in India might set up a Friends Fund to accept tax-deductible gifts from donors in the United States and Belgium.
To achieve this goal, donors can access standardized service offerings and fees, regardless of their location, as well as a single point of contact for donations in any region served by the alliance. Over time, Myriad alliance members seek to expand their member’s footprint to enable tax-efficient giving from new locations.
“People around the world are increasingly looking for good things to do with their money,” said Birger Stamperdahl, President and CEO of Give2Asia. “And the best way to help is often to send that money overseas. Through this alliance, our goal is to unlock the potential of charitable giving anywhere, anywhere. “
A donor-advised fund, set up with Give2Asia or with its subsidiaries in Australia or Hong Kong SAR PRC, will now allow individuals, businesses and corporate foundations to channel grants to charities not only in the Asia-Pacific region, but also throughout Europe and Africa. These funds can also manage bequests to communities abroad or donations of art to foreign museums.
“Transferring money around the world is getting easier every day… until you try to donate it to charity,” explained Luc Tayart De Borms, CEO of the King Baudouin Foundation (FRB) based in Brussels. “We want donors to effortlessly support good causes around the world, not just in their own backyards. “
Donor companies can take advantage of Myriad’s network of trusted local experts through the Corporate Plus service, which offers additional value-added services such as identification of non-profit partners and landscape research, to improve their grant. of strategic grants around the world. Disaster response funds allow companies to respond quickly and engage their employees in multiple locations when disasters affect communities abroad.
The alliance also allows charities to raise funds directly from international donors. In addition to receiving tax-deductible gifts through Give2Asia’s network in the US, Hong Kong SAR and Australia, they can now open Friends Funds across Europe.
“Through the Myriad alliance, we have received donations from the United States, Canada and Belgium for our charitable projects in India,” said Vanessa D’Souza, CEO of SNEHA (Society for Nutrition, Education and Health Action), a non-profit organization based in Bombay, India. “The potential reach is huge. “
Myriad provides donors with access to standardized service offerings and fees, regardless of their location, as well as a single point of contact for donations in any region served by the alliance. The alliance is the latest phase of a long-standing partnership between Give2Asia and its partners.
The founding members of Myriad are:
The King Baudouin Foundation: a Brussels public utility foundation serving donors in Belgium and Europe
Give2Asia: a 501 (c) (3) SF Bay Area connecting US donors to charities in the Asia-Pacific region
KBFUS: a New York-based 501 (c) (3) facilitating thoughtful and effective giving to Europe and Africa
Give2Asia Australia: Melbourne-based deductible gift recipient funds overseas poverty reduction projects
KBF Canada: a Montreal-based charity that enables and implements charitable projects
Give2Asia Foundation Ltd. : A tax-exempt section 88 organization that facilitates overseas donations from Hong Kong SAR (PRC)
To learn more about the Myriad alliance, visit https://myriad.org or contact Give2Asia.