September 8, 2011
Washington, D.C.—GuideStar—the leading source of nonprofit information—today announced three major new upgrades to Charity Check, the only pre-grant due diligence product that is 100 percent compliant with increasingly complex IRS requirements. The upgrades allow grantmaking organizations, including private foundations and sponsors of donor-advised funds, to perform and document their pre-grant due diligence more efficiently and at the same low subscription rate.
"GuideStar Charity Check provides the same charitable and supporting organization status information that the industry has relied on for 10 years," said Pamela Jowdy, senior product manager at GuideStar. "With new advanced features, Charity Check works even harder for foundations and donor-advised funds so they can be more proficient and confident in their funding choices."
Upgrades to GuideStar Charity Check include:
Grantee Watch List & Automatic E-mail Alerts
Revocations Announced in the Internal Revenue Bulletin (IRB) Now Visible
IRB revocation information can be seen at a glance in a revoked nonprofit's GuideStar Charity Check report and preview pane. The notice will include:
Subordinate Group Exemption Display with Parent Linkage
Those seeking help on how best to utilize these updates can now find support in three different ways:
"2011 has proven to be a busy and, at times, confusing year for the grantmaking community," added Jowdy. "With Non-Filer Automatic Revocations and IRS Revenue Procedure 2011-33 redefining the pre-grant due-diligence landscape, we are pleased to bring these new tools to professional philanthropists. GuideStar Charity Check continues to be compliant with a very dynamic regulatory environment, and its new features will keep funders closer to their grantees than ever before."
GuideStar, www.guidestar.org, connects people and organizations with information on the programs and finances of more than 1.8 million IRS-recognized nonprofits. GuideStar serves a wide audience inside and outside the nonprofit sector, including individual donors, nonprofit leaders, grantmakers, government officials, academic researchers, and the media.
Lindsay J.K. Nichols(202) firstname.lastname@example.org
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