Our donor-advised fund partner, Goodstack (formerly Percent), performs thorough compliance and verification checks on each organization before disbursing funds, both domestically and internationally.
Goodstack is a global nonprofit compliance leader, ensuring safety and trust for companies and their donations. They follow a four step process for validating nonprofits:
- Nonprofit Verification - confirm organization is a valid nonprofit in its jurisdiction
- nonprofit in good standing and registered in its local jurisdiction as a
- Eligibility - confirm organization fits category requirements
- Eligibility is the specific types of nonprofit that a partner wants to support or reject, based on an organization’s mission e.g. educational, religion
- Compliance - confirm organization passes Goodstack’s compliance & policy checks
- Goodstack conducts specific compliance checks to provide reassurance and confidence to partners that the nonprofits they support do not have known connections to financial crime, hate & discrimination, or any relevant associated adverse media that could jeopardize a partners reputation
- Countries are continuously revised depending on the geopolitical environment but currently Goodstack does not support: Cuba, Iran, Syria, North Korea, Sudan, Crimea region of Ukraine
- Agent Verification - confirm organization by direct contact
- Determining that the applicant works for the nonprofit and is authorized to represent them and submit the request and take ownership of the nonprofit Goodstack account.
nonprofit organisation