The i-Care Fund America Inc. (iCF) is a not for profit organization that solicits funds from donors, who may/may not give advice on which charitable organizations the funds should be channeled to. The i-Care Fund America Inc. ensures that these funds reach charitable organizations that are doing good work on ground. The iCF also monitors and evaluates the performance of these charitable organizations and helps them to improve their working capacity. The iCF also reports back to the donors as to how their donations were utilized. The iCF focuses in the areas of Healthcare, Education & Vocational Training, Shelter & Safety Net and Poverty Alleviation.
The i-Care Fund America Inc. is first Pakistan focused donor-advised charitable fund (DAF). This is a way of giving charity in which the donor, an organization, family, or individual, gives their donation to the DAF, for onward transmission to preferably the charitable organization of the donor’s choice. The iCF offers the opportunity for a hassle free, low cost, flexible vehicle for charitable giving as an alternative to direct giving or creating a private foundation. Donors enjoy administrative convenience as iCF does the due diligence and all management aspects for them, enjoy cost savings and obtain tax advantages by conducting their grant making through the platform of iCF.
The iCF also make available its counsel to the various charities that it works with, for ways to improve their governance, instill transparency and ethical practices, put proper accounting and reporting practices in place and finally to help them in improving delivery of their projects.