The question of involved Jim’s explanation that: “mirroring” As NPPOs, U.S. Foundations are legally responsible for controlling expenditure of funds granted to organizations that do not mirror the U.S. foundations do not want to be involved in the day-to-day activities of its grantees. Indeed, they want to transfer responsibility” “ “expenditure (including misuse or illegal use of grant funds) to the recipient foundation to which they grant funds but can only do so if the grant recipient organization is deemed to have an legal structure to that of the U.S. donor “equivalent” foundation. Here is the background, according to Jim: order to facilitate the U.S. “In philanthropic activity needed during the 1970s and 1980s to help speed world development, the U.S. Secretary of Treasury and the IRS formulated provisions that resulted in changing and/or interpreting the Internal Revenue Code (IRC) to freely permit U.S. foundations to grant funds abroad, if they meet the following special proviso: U.S. NPPOs can themselves make a legal that the “determination” foreign organization receiving the U.S. grant be to be “determined” to an NPPO described in Section 501(c)(3) of the U.S. “equivalent” Internal Revenue Code.”
The question of “mirroring” involved Jim’s explanation that: As NPPOs, U.S. Foundations are legally responsible for controlling expenditure of funds granted to organizations that do not mirror the U.S. foundations do not want to be involved in the day-to-day activities of its grantees. Indeed, “ they want to transfer “expenditure responsibility” (including misuse or illegal use of grant funds) to the recipient foundation to which they grant funds but can only do so if the grant recipient organization is deemed to have an “equivalent” legal structure to that of the U.S. donor foundation. Here is the background, according to Jim: “In order to facilitate the U.S. philanthropic activity needed during the 1970s and 1980s to help speed world development, the U.S. Secretary of Treasury and the IRS formulated provisions that resulted in changing and/or interpreting the Internal Revenue Code (IRC) to freely permit U.S. foundations to grant funds abroad, if they meet the following special proviso: U.S. NPPOs can themselves make a legal “determination” that the foreign organization receiving the U.S. grant be “determined” to be “equivalent” to an NPPO described in Section 501(c)(3) of the U.S. Internal Revenue Code.”