We are a single human family that is journeying on toward unity, making the most of solidarity and dialogue among peoples. – Pope Francis
To cover the costs of due diligence, consultations with the grant recipient, bookkeeping, filing forms for the US government, and reporting to you, the Global Fund retains 15% of every donation. By way of comparison, most foreign aid organizations have overheads between 20% and 25%.
The following table shows how working with the Global Fund makes financial sense. It assumes that you are in the 30% marginal tax bracket and that you want to make a financial sacrifice of $1,000. Without Global, you send a $1,000 check to your favorite cause, and it costs you $1,000. With Global, you write a check for $1,429. The cause receives $1,215 and it ends up costing you only $1,000.
| Without Global Fund | With Global Fund | |
|---|---|---|
| Donation | 1,000 | 1,429 |
| Tax Savings @ 30% | – | 429 |
| Cost to the donor | 1,000 | 1,000 |
| Global Fund fee @ 15% | – | 214 |
| Received by the Good Cause | 1,000 | 1,215 |