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Press Release
May 13, 2010 (New York)

PCA Adds New Platform of Services for International NGO's

Philanthropic Capital Advisors is excited to announce the launch a new platform of services that will enable international charitable organizations to establish “American Friends” entities in the United States and successfully access an expansive American network of support to generate donations and leadership. In addition to advising high net worth individuals and family foundations, PCA will partner with global NGO's to set up 501(c)3 non-profit, tax exempt entities in the United States, and provide them with the infrastructure and expertise to effectively fundraise and cultivate awareness among philanthropic circles and influential communities across the country. In keeping with PCA’s business approach to philanthropy, these non-profit organizations will undergo intense due diligence and vetting to ensure a proven track record of solid board governance, fiscal responsibility, measurable results, and high societal impact.

“Americans are increasingly becoming global in their approach to philanthropy,” said Stephanie Risa Stein, co-founder and Managing Director of Philanthropic Capital Advisors, “But the reality is that most Americans have serious hesitations about donating to organizations that aren’t able to provide them with tax deductions. It is in this spirit of this burgeoning global interest that we launch services that will partner us with exceptional NGO's to establish their American Friends entities in order to cultivate U.S.-based support.”

Philanthropic Capital Advisors will provide American Friends organizations with the strategic long-term planning and administrative oversight that is necessary to successfully launch and operate in the United States. PCA will work with their group of legal and accounting partners to effectively establish new 501(c)3 entities, and then provide seasoned advisory counsel on navigating the American philanthropic landscape, board development, public relations, strategic planning and fundraising.

About Philanthropic Capital Advisors (PCA)

Cheryl Fishbein and Stephanie Risa Stein co-founded PCA with a vision to innovate and bring business principles and creative ideas to the fields of charitable giving and venture philanthropy. PCA takes a business approach, applying sound investment principles and methodology to the world of philanthropy. PCA’s mission is to provide high-net worth individuals and family foundations opportunities to do good and make a significant difference in their local communities and around the globe. For more information, please contact by email: info@philcapadvisors.com or by phone: 212-861-1061 (within the U.S.) or +972-52-312-5782 (outside the U.S.).

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