1. Organization Funding Policy
Endaoment does not fund organizations that, through their mission, activities, or partnerships endorse or promote any form of bigotry, violence, spread misinformation, or extremist views like racism, sexism, anti-Semitism, and ethno-supremacy, to name a few. Endaoment’s Board of Directors retains the right to make the final determination regarding any organization’s compliance with this policy. Endaoment has partnered with The Horizon Forum and their research-based risk-mitigation tool designed for Community Foundations. This tool is a database of 501(c)(3) nonprofits that are widely considered by academic, journalistic, and advocacy organizations as being involved in hate activity. It’s important to us that we are transparent with our donor community and promote donations to organizations that are positively advancing, and not harming, our society. Through this partnership, we source data from the following organizations’ lists of hate groups as a preventative measure to ensure donor safety and proper use of granted capital.- Southern Poverty Law Center
- Anti-Defamation League
- Georgetown University’s Bridge Initiative
- Counter Extremism Project
- Political Research Associates
- Gay & Lesbian Alliance Against Defamation
- Parents, Families and Friends of Lesbians and Gays
- Council on American-Islamic Relations
- Hate Groups and Extremist Organizations in America: An Encyclopedia
2. Organization Due Diligence Criteria & Verification Policy
In addition to Endaoment’s Organization Funding Policy, Endaoment has specific requirements around what kinds of organizations may receive grant recommendations from our Donor-Advised Funds. In order to pass preliminary due diligence & appear in our portal, an organization must:- Be a 501(c)(3) Public Charity or Private Operating Foundation in good standing with the IRS
- Be verified on the IRS Publication 78 roster of organizations
- Have a Business Main File (BMF) on record with the IRS
- Not be a Private Non-Operating Foundation
- Not be a Private Foundation
- Not be a 509(a)(3) Supporting Foundation
- Not be on the U.S. O.F.A.C. watchlist
Organization verification and payout controls
Organizations do not need to complete a public claim of their profile to receive grants. Payout controls are as follows:- Compliance checks — ongoing eligibility under the preliminary due diligence criteria above, plus grant-level review against Endaoment’s Organization Funding Policy and No Donor Benefit policy
- Chariot validation — grants are disbursed by default through Chariot, Endaoment’s distribution partner, subject to Chariot’s validation requirements for the recipient organization
- Invited-claim review — direct ACH payout from Endaoment is available only through an invited claim process initiated by Endaoment outreach
- Be a fiduciary or responsible officer or director at the organization in question (eg: CFO, CEO, Treasurer, Secretary, or President)
- Provide their name, address, and contact information
- Verify via official or public-facing organization marketing materials their affiliation with the organization
- Provide U.S. Bank Account information for the Organization
- The account holder for that U.S. bank account must be the name of the organization or its parent organization.