Dear Donors & Member Charities,
It is with deep regret I must inform you that, after 23 years of connecting our donors with excellent charities around the world, the American Fund for Charities must cease operations. Increasing competition and expenses have made it impossible for us to continue our philanthropic mission.
As of April 30, 2020, we will no longer accept donations. For most of our member charities, final grants will be announced in May 2020— all pending funds will be disbursed regardless of dollar amount. As per usual, grant agreements must be returned prior to disbursement.
Donor-Advised Fund account holders will have until the end of this year to complete their disbursements. For recommended recipient of these funds, we will maintain your eligibility at no cost through December 2020. Reporting requirements for all grants will continue through 2021.
After April 30, 2020, you will need to find another intermediary to facilitate charitable giving.
I am sorry to have to share this news. From all of us at the American Fund for Charities, thank you for your many years of partnership. We wish you continued success.
President, American Fund for Charities