Advised Gifts
Convenient, occasional international giving
Advised gifts offer a simple solution for donors interested in one-time or occasional international giving. Gifts may also be eligible for a tax deduction. If you wish to support charitable organizations or projects based abroad on a regular basis, consider opening a Myriad USA Donor Advised Fund.
If you would like to discuss making an advised gift, reach out to our team at (212) 713-7660 or info@myriadusa.org.
How Does It Work?
The process
You can make a contribution to the Advised Gift Fund at Myriad USA and recommend that your contribution be used to support a favorite charitable organization or project, anywhere across the globe. If you do not have a favorite organization in mind, Myriad USA can help identify charitable initiatives in a country, region, or field of your interest. The Advised Gift Fund at Myriad USA has a $5,000 grant minimum.
Ways to give
Myriad USA can receive gifts by check, credit card, or wire transfer, as well as gifts of appreciated assets such as stocks, bonds, mutual funds, real estate, and other types of property – even cryptocurrency. We also often receive advised gifts from family foundations, corporate foundations, and donor advised funds held at a community foundation or other donor advised fund sponsor. Learn more about the many ways to give.
Grant distribution
Myriad USA will contact your recommended grantee to request information on their structure, funding, and activities. Our due diligence process helps ensure that grants are used for legitimate charitable purposes. The grant will be formally approved by our Board of Directors, and then a grant agreement is signed with the grantee, specifying the intended use of the grant and requesting a brief report after a one-year period. Upon receipt of the signed agreement, Myriad USA proceeds with the payment to the grantee, usually by wire transfer. It generally takes 2-4 weeks from the time of the gift for a grant to be sent to the nonprofit organization abroad.
Fee structure
Myriad USA charges a management fee to cover the due diligence and operational expenses associated with administering an advised gift. Our fee structure is as follows:
- 5% of the first $100,000 of each grant made to the foreign nonprofit;
- 3% of the next $400,000;
- 1% of the next $500,000; and
- 0.5% of the amount of each grant in excess of $1,000,000.
This fee structure is all inclusive – there are no other legal or due diligence fees assessed.