Charity & Security Network Director Kay Guinane has authored a chapter in a new book from CAF America, Cross-Border Giving: A Legal and Practical Guide. Guinane co-authored, with Nancy Herzog of the National Endowment for Democracy, the chapter on U.S. Financial Transaction Laws and their Impact on International Grantmaking.
According to Ted Hart, President and CEO of CAF America, cross-border donors face daunting challenges. "Complex U.S. and international frameworks apply to cross-border giving, and a lack of understanding of these rules and regulations can result in excessive exposure to donors to risks impacting both their bank accounts and their reputation." The book covers topics such as ethical grantmaking, the closing space for civil society, equivalency determination and expenditure responsibility, preparing for an audit, and more.