Since last week, the "Guide to a Single Market for Philanthropy" has been published by the King Baudouin Foundation in collaboration with Philea, its partners and the Lex Mundi network. This guide calls for overcoming obstacles to cross-border donations within the European Union and simplifying the process.

Since last week, the "Guide to a Single Market for Philanthropy" has been published by the King Baudouin Foundation in collaboration with Philea, its partners and the Lex Mundi network. This guide calls for overcoming obstacles to cross-border donations within the European Union and simplifying the process.
Nonprofits rely on governments, citizens, and businesses to achieve their social impact. However, individuals or businesses wishing to donate to an international NGO face complex administrative procedures or cannot benefit from tax advantages that would apply in their own country.

Impact Bridges supports this call for effective solutions to facilitate cross-border philanthropy in Europe. The platform aims to position itself as a “hub” supporting small and large international companies in their desire to create social impact, regardless of their location.
The King Baudouin Foundation guide can be consulted via the following link (kbs-frb.be).
Sources:
– Guide towards a single EU market for Philanthropy | Koning Boudewijnstichting (kbs-frb.be)