The Resource Foundation's financial statements are audited annually by an independent accounting firm.  The Resource Foundation requires transparency and economy from its nonprofit partners, reviewing budgets before projects are financed and performing project monitoring and evaluation. The Resource Foundation squeezes the max out of its income: in every year since its inception in 1987, it has applied at least 90 cents of every dollar raised directly to programs and services.

To make a donation, kindly send a check made out to The Resource Foundation to:

The Resource Foundation
158 West 27th Street, 10th Floor
New York, NY 10001

To make an online credit card donation using PayPal, click here.

You may also contact us and provide your phone number, so that we can take your information over the phone.

The Resource Foundation also accepts donations of marketable securities and can assist you with trust and estate gifts. Please contact us for more information.

As we all know, we contribute to an organization because we identify with its mission and want to support the work it does. Too often, though, our involvement ends as soon as we send our check. The Resource Foundation understands that, increasingly, donors want their philanthropy to be more than just one act; they seek to participate in an ongoing process that allows them to be more strategic and have greater impact in addressing the critical issues of our day.

The Resource Foundation's SubFunds help individuals accomplish effective and tax-efficient philanthropy. SubFunds are separate accounts established in the donor's name or anonymously and managed by The Resource Foundation, which allow the donor a say in the distribution of the funds while meeting the legal requirements of a charitable deduction.

In order for a transfer to be considered a charitable contribution for tax purposes, donors must fulfill certain prerequisites. S/He must intend to make an outright gift or contribution without an expectation to receive anything in return, and the gift or donation must be made to an organization authorized to accept such contributions under IRC Section 170(c). Once these requirements are met, donors making contributions during any given tax year are entitled to receive a charitable deduction for that amount during that same tax year.

Through SubFunds, donors can meet the tax requirements for a charitable deduction, while still fulfilling their goal to be more involved in their philanthropic activities. Making a donation to a SubFund, administered by The Resource Foundation, satisfies the first requirement of a charitable deduction since the donation is an outright contribution. Such contributions likewise meet the second requirement because The Resource Foundation is a tax-exempt organization under IRC 501(c)(3).

Donors obtain assistance from The Resource Foundation's knowledgeable staff for the identification, due diligence and transfer of funds for development projects abroad. Donors retain the freedom to advise The Resource Foundation on the application of funds while at the same time meeting all of the charitable contribution requirements for achieving the tax deductibility of the transferred funds. The Resource Foundation monitors and evaluates the progress of the funded projects and provides donors with semi-annual reports. Donors can achieve complete anonymity or high-profile visibility through the SubFunds, depending on their preference.

Although other tools are available that allow donor participation, The Resource Foundation's SubFunds offer many advantages. They enable donors to leverage The Resource Foundation's 15 years of philanthropic expertise and tax-exempt status, thus increasing their contribution's impact. The Resource Foundation helps donors match their area of interest ‚ children, health care, environment, etc. ‚ in their country of interest, thanks to the wide array of programs implemented by member organizations in the field. Additionally, in cases where the donor does not find a match through our members, The Resource Foundation will use its resources to find a suitable project that is in keeping with the joint goal to increase living standards. The ultimate decision of how the money is used does not have to be rushed, as is often the case when contributions are made for tax reasons, because although the donor receives the charitable deduction upon donating funds to The Resource Foundation, their ultimate use may be determined at a later date.

Donor advised funds, although similar, lack the intimacy of The Resource Foundation's SubFunds and, like private foundations, often involve large administration fees. They allow the donor only to set parameters and goals for their donations without much other involvement. SubFunds, on the other hand, allow the donor to review, recommend and participate in funded programs. Thus, donors create a philanthropic process that is an integral activity in the pursuit of their life goals.

The SubFund is an excellent alternative to establishing a private family foundation because it relieves the donor of the time-consuming research, administration and filing requirements of private foundations. The SubFunds can accept cash and securities such as appreciated stock. Donors enjoy internal SubFund accounting with quarterly statements, which are audited yearly by an independent accounting firm. Donors who use their SubFunds as the conduit for all their charitable contributions benefit from a centralized record of their philanthropy.

Subfunds tie directly into The Resource Foundation's mission to assist donors in achieving greater awareness, involvement and impact in their philanthropy. We are deeply grateful for the support our donors provide over the years and trust that this tool will enable you to craft the level of hands-on experience you want in your charitable giving. While we seek to support our members' programs in Latin America, we are open to discussing your overall civic objectives and facilitating a comprehensive approach to your philanthropy. If you think a SubFund is an appropriate vehicle for your goals, please contact us.