Mightycause Charitable Foundation

Donor advised fund and Charitable grant making: Mightycause Charitable Foundation conducts Charitable grant-making through the operation of a donor advised fund by accepting Charitable contributions from donors and receiving donor recommendations. The Foundation maintains such contributions in separately identified funds and makes distributions to organizations described in section 501(c)(3) of the internal revenue code (irc). The Foundation distributed 95% of donor advised contributions received in 2022, when taking into account the timing difference created by the monthly granting schedule. The Foundation records the grant expenses for december advised contributions in the following calendar year. In january 2023, the Foundation disbursed the remainder of the funds received and advised in 2022.

Giving card program: Mightycause Charitable Foundation provides a giving card program to allow individuals and corporations to make donor advised contributions to the Foundation and pass advisory privileges on to the holder of the giving card. The functionality of a giving card allows both small and large donors alike to efficiently promote the act of generous giving by equipping a broad network of potential donors with the ability to use the card as a recommendation for the nonprofit charity of their choice, thus exponentially increasing the impact of e-philanthropy.

Giving days: Mightycause Charitable Foundation partnered with over 75 foundations and Charitable organizations such as the givemn, park city community Foundation, and the Georgia center for nonprofits to organize giving events for their communities. During these events, donors make advised contributions to the Foundation's donor advised fund in support of qualified nonprofit organizations highlighted by the respective community foundations. Leader boards track the organizations receiving the most donor-advised grants by amount and by number of donors, creating an exciting and competitive environment for stimulating Charitable giving. During 2022, the partnering foundations and community groups provided over 56.8 million in matching grants to nonprofits receiving donor-advised grants during the events. These matching grants were also a key incentive for both nonprofits and donors to become involved in their community-giving event. Additionally, the giving events provided educational opportunities for participating nonprofits to learn about online fundraising, about social media outreach, and how to greatly expand their network of donors and volunteers. The initiatives undertaken by the Foundation beginning in 2011 continue to expand and have proven instrumental in providing educational resources for the partnering foundations and nonprofits, enabling each partnering nonprofit to successfully execute their giving event within the community it serves.

Philanthropic educational initiatives: - the Foundation's board of directors manages philanthropic educational initiatives via a fund it created in 2012. The Foundation spearheaded educational training with nonprofits participating in the giving event, encouraging innovative methods in online giving and capacity building - the Foundation operated the web blog inspiring generosity through the generous gift of Mightycause corporation. This content is designed to engage and encourage innovative and effective methods in fostering the democratization of philanthropy through state of the art technology and e- solutions. Expenses allocated to philanthropic educational activities include nonprofit training and educational program service expenses as well as an estimated portion of legal program service expenses for daf and other educational research.