Eligible Expenses
Social Good Fund will review all expenses to ensure that they conform to IRS guidelines as well as your charitable mission. Though it rarely happens, any requests that are not in accordance with IRS guidelines will not be approved and will not receive payment disbursements. You can read more about IRS Guidelines for 501(c)(3) organizations at: https://www.irs.gov/pub/irs-pdf/p4221pc.pdf In general, all the expenses for your project need to be:
Necessary for furthering your charitable mission.
Legitimate business expenses, not personal expenses.
The lowest cost option that will reasonably accomplish what needs to be done.
Please note that interest charges on a credit card are not an eligible project expense.
SGF does not allow the purchase of weapons of any kind. Please also note that gift cards are only eligible expenses in limited circumstances and the use of gift cards must be approved by SGF prior to your project purchasing them. See the Gift Cards and Other Forms of Cash Remuneration section of this Handbook for more information.
All fund disbursement request forms are found in the Member’s Portal on the Social Good Fund website. In order to use the forms you will need:
Current account access to the Social Good Fund Member’s Portal
Purchase receipts (for reimbursement) or original invoice for payment
With these forms you can (Model A): Pay an invoice or bill Receive a reimbursement for out-of-pocket project expenses Add funds to a PEX expense card or request change to BREX expense card limit
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