about workplace fundraising

CFC Eligibility Requirements

Organizations qualify for the CFC by meeting either national/international requirements or local requirements. National/international organizations are eligible for pledges in all 200-plus CFC administrative zones. Local organizations can receive pledges only in their home zone (or in adjacent zones if they submit a successful application).

National/International Eligibility

To participate in the CFC at the national/international level, organizations must:

• Be 501(c)(3) tax exempt
• Provide services in at least 15 states or at least one foreign country.
• Account for funds on an accrual basis in accordance with generally accepted accounting principles (GAAP)
• Commission a full-scale audit by an independent certified public accountant; the audit must be prepared using generally accepted auditing standards (GAAS) or international equivalents
• File an accrual-basis Form 990 with the Internal Revenue Service (unless IRS rules do not require the organization to file)
• Be governed by an active and responsible board whose members have no material conflict of interest and a majority of whom serve without compensation

To participate in the CFC at the local level, organizations must:

• Be 501(c)(3) tax exempt.
• Account for funds on an accrual basis in accordance with generally accepted accounting principles (GAAP). If the organization has revenue less than $100,000, a simpler bookkeeping system is permitted.
• Commission a full-scale audit by an independent certified public accountant; the audit must be prepared using generally accepted auditing standards (GAAS) or international equivalents. If the organization has revenue less than $100,000, an audit is not required.
• File an accrual-basis Form 990 with the Internal Revenue Service (unless IRS rules do not require the organization to file)
• Be governed by an active and responsible board whose members have no material conflict of interest and a majority of whom serve without compensation