IRS Rule Change Shields Charities' Overseas Gift Recipients - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

IRS Rule Change Shields Charities' Overseas Gift Recipients - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: IRS Rule Change Shields Charities’ Overseas Gift Recipients

April 15, 2013, 10:53 am

A little-noticed amendment to Internal Revenue Service reporting rules made in 2008 allows U.S. nonprofit organizations to fund overseas charities without identifying them, according to The Jewish Daily Forward.

The change was implemented as part of a broader overhaul of the Form 990 most nonprofit groups file with the federal tax agency. While organizations previously had to specify gift recipients abroad, now they are required only to state the world region to which their funding went.