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 FUND AND MAKES DISTRIBUTIONS TO ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE FOUNDATION ACCOMPLISHED THE FOLLOWING MILESTONES IN 2023: -ENGAGED AND EMPOWERED NEARLY 47,000 INDIVIDUAL VOLUNTEERS TO SERVE AS FUNDRAISERS. -RECEIVED OVER 86.1 MILLION IN DONOR ADVISED CONTRIBUTIONS FROM HUNDREDS OF THOUSANDS OF DONORS RESULTING IN GRANTS TO OVER 16,400 CHARITIES AND SCHOOLS. -DISTRIBUTED 95% OF DONOR ADVISED CONTRIBUTIONS RECEIVED IN 2023, 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 2024, THE FOUNDATION DISBURSED THE REMAINDER OF THE FUNDS RECEIVED AND ADVISED IN 2023.

GIVING DAYS: MIGHTYCAUSE CHARITABLE FOUNDATION PARTNERED WITH OVER 80 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 2023, THE PARTNERING FOUNDATIONS AND COMMUNITY GROUPS PROVIDED OVER 89 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.