Movimento Bem Maior Fund of BrazilFoundation
Philanthropy for social justice
Objective
In partnership with BrazilFoundarion, the fund aims to foster and expand the activities of the Movimento Bem Maior in Brazil. The funds raised will be allocated to organizations in our social investment portfolio in two strategic pillars: Foco (Focus), to strengthen CSOs; and Impulso (Impulse), to promote the philanthropy support ecosystem.
Support MBM Fund
About the Fund
We are building a Brazil with more dignity and equity for all
In 5 years of operation, we have mobilized more than R$110 million (US$ 19.7 million) in philanthropic resources and supported 201 social organizations, with partnerships and alliances in all regions of Brazil. We invest financial resources, provide technical expertise, and build networks so that our partners can increase the impact of their actions and promote virtuous and systemic changes in the Brazilian society.
About Movimento Bem Maior
We are a social organization that brings together philanthropists, social organizations, and a network of change makers with the aim of collaboratively building a Brazil with more equity and dignity for all. Through strategic philanthropy, we mobilize financial resources and invest in ideas, projects and initiatives that multiply positive impact and boost the country’s sustainable development.
- Site: www.movimentobemmaior.org.br
- Instagram: www.instagram.com/movimentobemmaior
- LinkedIn: www.linkedin.com/company/movimento-bem-maior
Tax Benefits
USA: Contributions to BrazilFoundation – EIN 13 4131482, a non-profit under Section 501(c)(3) of the US Internal Revenue Tax Code – are deductible to the full extent permitted by law. Individuals can deduct up to 50% of their adjusted gross income; companies may deduct up to 10% of taxable income, prior to discounting the philanthropic investment. BrazilFoundation provides a tax-receipt acknowledgement of the contribution it receives.
Brazil: BrazilFoundation is a non-profit organization, designated as a Public Interest Civil Society Organization (OSCIP, as per its initials in Portuguese) under Law 9.790/99, Ministry of Justice file no. 08071.000389/2004/01, Corporate Taxpayer Registration No. 04.839.572/0001-10. A donation receipt can be issued for donations made in reals. The donor must request their receipt directly from BrazilFoundation. Since we are an OSCIP, tax incentives are only awarded to businesses taxed on their profits. These businesses can deduct the cost of donations up to 2% of their operating profit. An individual donor may report the amount donated when filing income tax, but will not receive a tax incentive.