For donors in the United States or Europe, donating to your preferred cause abroad is still surprisingly difficult.
One study found the cost of cross-border barriers faced by European foundations alone at up to €100m a year. Meanwhile, cash-strapped grassroots organizations in the Global South struggle to survive.
In a new story, Anna Patton investigated the rise of fiscal sponsors – both in the Global North and Global South – that are making it easier to donate across borders.
That includes US and Europe-based fiscal hosts like Myriad, which is passing millions to NGOs in Africa and elsewhere; and a rising wave of fiscal hosts based in Africa and Latin America that are helping grassroots activists make their backend operations work.
Anna spoke with Jackie Asiimwe, CEO of CivSource Africa, which recently hosted the first-ever gathering of African fiscal sponsors, and is also leading research on the subject. As she told Anna:
“We want to build a more equitable and resilient funding ecosystem for social justice causes on the continent. The point of our research is to say… there is a growing field in Africa of African-owned, African-led fiscal entities.”
- BW
Read the full story here.
