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Vallarta Living | February 2007
The International Community Foundation: Helping US Donors Make a Community Impact through Charitable Giving PVNN
| The International Community Foundation seeks to increase charitable giving and volunteerism across U.S. borders to benefit overseas communities and non-profit organizations. | For the past 16 years, the International Community Foundation (ICF) has worked with individuals, families, companies and selected foundations from the United States to provide charitable support to overseas nonprofit and their corresponding communities throughout the Americas and Asia.
ICF has been strategically focused in Mexico working to expand the level of charitable giving to local nonprofit groups in 10 Mexican states while making a community impact in the areas of education, community and economic development, heath and human services, the environment, and culture and the arts. With assets of $5.4 million, ICF had charitable gifts totaling $3.5 million in 2006 with 71% of this grantmaking going to support worthy nonprofits in Mexico.
To ensure that its donors´ overseas charitable gifts comply with U.S. laws and are wisely invested to insure the highest possible return, ICF assists donors in the following areas:due diligence on potential grantees, financial review, and programmatic expertise. In addition, ICF provides tax deductibility and cost-effective services administration for its donors. Finally, ICF can sometimes add matching funding from other donors to maximize your charitable impact.
On the nonprofit grantee side, ICF offers its technical advice, project design and translation skills, as well as institutional development assistance. ICF also provides fiscal sponsorship to selected Mexican nonprofits that establish agency or "friends of" funds that permit these charities to legally receive financial support from U.S. donors seeking tax deductibility for their charitable giving. For these charities, ICF also offers online donation pages and detailed online profiles to better reach potential donors.
Based in San Diego, California, ICF´s primarly area of focus to date has been working with the U.S. expatriate and 2nd home buyer community along the Baja California peninsula to improve the qualty of life in their newly adopted communities ranging from Tijuana/Rosarito and Ensenada in the north of the peninsula to Loreto, La Paz, Todo Santos and Los Cabos in Southern Baja. Throughout Baja, ICF currently provides charitable support to over 60 different nonprofits.
To maximize its local impact in Baja, ICF has also successfully partnered with local Rotary Club chapters, sister city associations and other service clubs to combine its funding with voluntary and in-kind assistance in order to support a wide range of projects ranging from the construction of day care center, health clinics and school dormitories; the provision of food for hurricane disaster relief efforts; ESL programs for children and youth and community beautification initiatives.
Leveraging its experience in Baja California, ICF is seeking to expand its presence in Puerto Vallarta to work morely actively with those Americans wishing to improve the quality of life in their newly adopted home. Based on the size of the American community in Vallarta as well as the number of U.S. tourists that vacation here annually, the elements are in place to dramatically increase the level of charitable giving to address the otherwise unmet social, environmental and cultural needs of this vibrant and growing community.
For more information on the International Community Foundation, and ways to catalyze expanded charitable giving in Puerto Vallarata visit www.icfdn.org. Richard Kiy is President & CEO of the International Community Foundation. Kiy may be contacted at rkiy@icfdn.org or 858-677-2913.
Richard Kiy President & CEO International Community Foundation 11300 Sorrento Valley Road, #115 San Diego, CA 92121 858-677-2912 (direct) 858-677-2918 (fax) http://www.icfdn.org |
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