Charity Resources

CFC ELIGIBILITY

Organizations qualify for the CFC by meeting either national/international requirements or local requirements. National/international organizations are eligible for pledges in all CFC administrative zones. Local organizations receive pledges primarily from donors located in their home zone.  The CFC also invites donors to support charities through an online portal -- which allows donors to donate to local groups located anywhere in the country, whether close to donors or not.

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

LOCAL ELIGIBILITY
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