Based in Netanya, Israel, itworks was created in 2006 after its founder Ifat Baron noticed the systemic problem that highly-qualified individuals from diverse communities lacked access to high-level positions in Israel's tech industry. Baron established itworks to narrow these employment gaps and increase diversity in Israel's high-tech sector.
The recent events of police brutality across the U.S., sparked by the death of George Floyd, have led to massive waves of protests against systemic racism. Here are a few pointers for supporting your employees and colleagues at such a difficult time.
A year ago we published an article describing the nondiscrimination requirements that apply to all non-U.S. schools that undergo Equivalency Determinations. Such requirements are intended to ensure that no charitable, tax-exempt school would treat its students inequitably by virtue of their race, ethnicity, or national origin.
The annual PEAK Grantmaking Conference is something that we look forward to every year. It is a time to see our amazing members face to face, share our work, and meet incredible changemakers from across the United States. This year, however, has turned out quite a bit different as PEAK prioritized public health recommendations and the safety of its attendees by moving the conference online.
In this latest installment of "ExpertEASE," Merrill Sovner, Barry Gaberman, and William Moody answer questions about pooled funds and their implications for international giving.
The Doctrine of Cy Pres (“Cy Pres” or “the doctrine” for short) is derived from French, meaning "as near as possible" (aussi pres que possible, in modern French). The doctrine, as it relates to charitable giving, is particularly applicable in trusts and estates law.
NGOsource will be featuring a new blog series called "ExpertEASE," intended to complement our existing LegalEASE blog. These periodic articles will feature the expertise of a member of the international grantmaking community to help shed light on issues of interest to our community. For this first issue, we've asked Crown Agents Bank to provide a background on what it means to be a "correspondent bank," as well as some of the key obstacles that charities face in the delivery of grants abroad.
Many of our NGOs and grantmaker members ask about the Form W-8. In this post we’ll explain the purpose of this form as well as the meaning of “withholding” for U.S. tax purposes. Generally, all non-U.S. residents and entities that receive payments from sources in the U.S. are subject to U.S. tax. This standard tax rate is set at 30 percent of income received. Income items that are subject to this tax include dividends on U.S. securities as well as grants or payments for services from U.S. entities, including businesses and foundations.
Every single day, NGOs around the globe work tirelessly to give voice to the voiceless and make the world a better place. The COVID-19 pandemic has created an unprecedented demand for NGOs to prioritize the safety and well-being of their colleagues, constituents, and stakeholders. This month, we are highlighting a few of the countless NGOs that NGOsource works with that are taking extraordinary measures to act within the constraints of the pandemic and use this opportunity to make lasting change.
As part of the equivalency determination (ED) process, NGOsource requests an organization's formation date. Among other things, this helps us establish whether it is a new organization that requires a heightened level of analysis with respect to its anticipated public support.