Transnational Giving Europe is the only practical solution at European level for tax-effective cross-border cash donations.
Transnational Giving Europe – TGE covers 18 countries and is at European level the only existing practical solution to support a beneficiary located in a foreign country with all the tax advantages in the country of residence of the donor.
Transnational Giving Europe (TGE) is a partnership of leading European foundations and associations that facilitates tax-efficient cross-border giving within Europe. The TGE network enables donors, both corporations and individuals, resident in one of the participating countries, to financially support non-profit organizations in other member countries, while benefiting directly from the tax advantages provided for in the legislation of their country of residence.
TGE is currently operational for donations from and to Belgium, Bulgaria, Croatia, France, Germany, Hungary, Ireland, Italy, Luxembourg, the Netherlands, Poland, Romania, Slovakia, Slovenia, Switzerland and the United Kingdom.
How TGE works
Donors can give their gifts to the national TGE partner that will transfer the gift to the foreign beneficiary and provide all the national fiscal advantages to the donor. Thanks to TGE, fundraising organizations can ensure income tax deductible gifts for their foreign donors and launch tax efficient fundraising campaigns in other TGE countries.
In 2015, 350 prestigious organizations and 5,000 donors used TGE. In the last year alone, 12 million EUR was channeled through TGE (+ 37 % compared to 2013). This confirms the growing trend of cross-border giving within Europe.
TGE is an interesting and effective tool for:
– Donors interested in cross-border giving
– Multinational corporate donors
– Organizations raising funds internationally
TGE offers many benefits, such as
– Reliable framework
– Quality review of beneficiaries
– Tax-effective cross-border giving
– Flexible and effective global giving management
– Simple and standard procedures
– Europe-wide opportunities for giving and mobilizing resources
– National fiscal incentives to charitable giving
– Expertise in national tax laws
– administration of processes for a fixed fee.
If you are interested in this service, please contact firstname.lastname@example.org.
More information on the Transnational Giving Europe and cross-border giving opportunities in Europe can be found at www.transnationalgiving.eu.