Transnational Giving Platform creates Europe’s first online cross-border giving platform - A new tool to boost European philanthropy
On June 29th, 2020, the new online Transnational Giving Europe Platform, built by the Transnational Giving Europe Network, coordinated by the King Baudouin Foundation, will be launched in order to facilitate philanthropy across Europe.
The tool aims at simplifying the process of European online cross-border donations through a digital user-friendly experience, allowing individuals and companies to make donations to causes and organisations of their choice across Europe while benefiting from tax deductions in their country of residence in a secured legal and fiscal framework.
An interdisciplinary pioneering pilot project
This initiative is co-funded by the Creative Europe programme of the European Union, and the Swiss Philanthropy Foundation, with the support of the King Baudouin Foundation, and is powered by iRaiser, a leading expert in Europe for digital fundraising solutions for non-profit organisations.
Ludwig Forrest, Head of International Philanthropy of King Baudouin Foundation: “As coordinator of the Transnational Giving Europe Network, the King Baudouin Foundation is pleased to introduce this innovative digital solution that will allow cross-border generosity to fully flourish in Europe. Now, more than ever, European philanthropy will be able to play its complementary role to public action. Many European donors will be able to use this platform to support projects of general interest in most European countries under the best conditions.”
Two organisations have participated in the development of this system and will also be the first non-profit organisations in Europe to use this new online donation platform:
• FEDORA, the European Platform supporting innovation and intercultural dialogue in the fields of opera and dance. The new online Transnational Giving Platform is made available on the occasion of the launch of the fundraising campaigns of the nominees of the FEDORA Prizes 2020 on June 29th.
• Common Goal, a philanthropic movement that encourages professional football players, managers and businesses to pledge a minimum of one percent of their earnings to sports-based non-profit organisations that advance the United Nations Sustainable Development Goals.
Individual and corporate residents from the following countries can benefit from national tax deductions on their donations thanks to the collaboration with Transnational Giving Europe’s national partner foundations:
Austria - Philanthropie Stiftung Österreich
Belgium - King Baudouin Foundation
Bulgaria - BCause
France - Fondation de France
Germany - Maecenata Stiftung
Greece - Higher Incubator Giving Growth & Sustainability - HIGGS
Hungary - Carpathian Foundation Hungary
Italy - Fondazione Lang Europe Onlus
Romania - Odorheiu Secuiesc Community Foundation
Spain - Empresa y Sociedad Fundación
Switzerland - Swiss Philanthropy Foundation
United Kingdom - Charities Aid Foundation
Need for one single market of philanthropy in Europe
Cross-border giving is subject to many constraints. Donors are not enabled yet to support non-profit organisations close to their heart online on a European level. National fiscal regulations vary from country to country and the absence of uniformity induces slow processes of donations. Together with others, Transnational Giving Europe advocates for a single market of philanthropy in Europe with high standards of good governance.
By 2021, the pilot version of the online Transnational Giving Europe Platform will be scaled up to include a large number of European countries and beneficiaries, and the goal is to make this solution accessible to the entire European non-profit sector by enabling any association or foundation to raise funds across Europe.