For Expenditure Responsibility we have terms and definitions in 3 topics. The topics are Advocacy, Fundraising and Grantmaking.

Expenditure Responsibility (Advocacy)

When a private foundation makes a grant to an organization that is not classified by the IRS as tax exempt under Section 501(c)(3) it is required by law to ensure that the funds are spent for charitable purposes and not for private gain or political activities. Special reports on the status of the grant must be filed with the IRS.

Expenditure Responsibility (Fundraising)

When a private foundation makes a grant to an organization that is not classified by the IRS as tax exempt under Section 501(c)(3) it is required by law to ensure that the funds are spent for charitable purposes and not for private gain or political activities. Special reports on the status of the grant must be filed with the IRS.

Expenditure Responsibility (Grantmaking)

When a private foundation makes a grant to an organization that is not classified by the IRS as tax exempt under Section 501(c)(3) it is required by law to ensure that the funds are spent for charitable purposes and not for private gain or political activities. Special reports on the status of the grant must be filed with the IRS.

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