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New Vetting Service Helps Ensure Philanthropic Investments Are Made with Sound Partners

Submitted by: Global Impact

Categories: Philanthropy & Corporate Contributions, Corporate Social Responsibility

Posted: Apr 01, 2015 – 11:27 AM EST

 

ALEXANDRIA, VA , Apr. 01 /CSRwire/ - As a part of its ongoing effort to grow global philanthropy, Global Impact is partnering with Counterpart International to offer a new service to corporate clients that will improve their selection of non-U.S. based partners. Counterpart International’s proprietary service is designed to support the success of corporate charitable investments by screening non-U.S. based organizations to ensure they do not pose a risk to corporate interests. Combined with Global Impact’s renowned advisory services and charity network, this partnership offers tremendous value to corporations.

“Together, Global Impact and Counterpart International are helping corporations ensure their philanthropic investments are well-managed and benefitting the people who need it most, ultimately making the world a better place,” said Global Impact President and CEO Scott Jackson. 

With millions of nonprofits operating around the world, it can be difficult to know which ones are legitimate, financially sound, and in compliance with key U.S. regulations and policies. When Global Impact’s corporate partners make grants to non-U.S.-based charities, this service reduces their risks by vetting recipients against a range of legal, fiduciary and reputational risk factors. This vetting process helps Global Impact and its partners build successful partnerships and ensures that investments achieve the intended purpose of helping the world’s most vulnerable people. 

“Counterpart International has proprietary systems to efficiently and effectively vet the integrity of organizations—large and small—nearly anywhere in the world. We are excited to work with Global Impact to expand the use of our vetting processes. For corporate leaders, this should become a basic part of good governance in their philanthropic program. In our own program work, we’ve seen it as an effective insurance policy, as we’ve vetted thousands of local partners in some of the most challenging places in the world,” said Counterpart International CEO Joan Parker.

For 50 years Counterpart International has been an innovator, helping people build better lives and more durable futures, community by community. Global Impact is proud to be working with Counterpart International to provide this service to new and existing clients looking to work with non-U.S.-based nonprofits. Vetting provides corporate clients, grant-making organizations and donors with the confidence that funds will go to appropriate groups.

 

About Global Impact
Global Impact is a leader in growing global philanthropy. The organization builds partnerships and raises resources that help the world’s most vulnerable people by providing integrated, partner-specific advisory and secretariat services; campaign design, marketing and implementation for workplace and signature fundraising campaigns; and fiscal agency, technology services and integrated giving platforms. Global Impact works with approximately 450 public and private workplace giving campaigns to generate funding for an alliance of more than 120 international charities. Through strategic council and implementation support, Global Impact equips private sector and nonprofit organizations to achieve their philanthropic goals. The organization serves as administrator for one of the world’s largest workplace giving campaigns, the Combined Federal Campaign-Overseas. Since 1956, Global Impact has generated more than $1.7 billion to help the world’s most vulnerable people.

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For more information, please contact:

Joseph Mettimano Vice President, Marketing and Campaign Engagement
Phone: 703-717-5221

For more from this organization:

Global Impact

 

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