From the Manifund side: we hadn’t spoken with CAIP previously but we’re generally happy to facilitate grants to them, either for their specific project or as general support.
A complicating factor is that, like many 501c3s, we have a limited budget to be able to send towards c4s, eg I’m not sure if we could support their maximum ask of $400k on Manifund. I do feel happy to commit at least $50k of our “c4 budget” (which is their min ask) if they do raise that much through Manifund; beyond that, we should chat!
As an aside, I’ve noticed you routinely go out of your way to help charities get funding when they’re in difficult situations, which I think is great for the ecosystem and I’m glad you do it.
Thanks to both of you; I appreciate the support! We think that about 40% of our work is (c)(3) compatible, and we’re in the process of spinning up a companion (c)(3) org to take over responsibility for funding that work, but we don’t know when the IRS will finish approving our application.
In the meantime, if you have any hesitation about donating to us directly, then please use Manifund. Otherwise, direct donations are slightly more useful to us (and, apparently, easier for Manifund).
My guess btw is that some donors like Michael have money parked in a DAF, and thus require a c3 sponsor like Manifund to facilitate that donation—until your own c3 status arrives, ofc.
(If that continues to get held up. but you receive an important c3 donation commitment in the meantime, let us know and we might be able to help—I think it’s possible to recharacterize same year donations after c3 status arrives, which could unblock the c4 donation cap?)
From the Manifund side: we hadn’t spoken with CAIP previously but we’re generally happy to facilitate grants to them, either for their specific project or as general support.
A complicating factor is that, like many 501c3s, we have a limited budget to be able to send towards c4s, eg I’m not sure if we could support their maximum ask of $400k on Manifund. I do feel happy to commit at least $50k of our “c4 budget” (which is their min ask) if they do raise that much through Manifund; beyond that, we should chat!
As an aside, I’ve noticed you routinely go out of your way to help charities get funding when they’re in difficult situations, which I think is great for the ecosystem and I’m glad you do it.
Thanks to both of you; I appreciate the support! We think that about 40% of our work is (c)(3) compatible, and we’re in the process of spinning up a companion (c)(3) org to take over responsibility for funding that work, but we don’t know when the IRS will finish approving our application.
In the meantime, if you have any hesitation about donating to us directly, then please use Manifund. Otherwise, direct donations are slightly more useful to us (and, apparently, easier for Manifund).
My guess btw is that some donors like Michael have money parked in a DAF, and thus require a c3 sponsor like Manifund to facilitate that donation—until your own c3 status arrives, ofc.
(If that continues to get held up. but you receive an important c3 donation commitment in the meantime, let us know and we might be able to help—I think it’s possible to recharacterize same year donations after c3 status arrives, which could unblock the c4 donation cap?)