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Until now, the World Bank Group has had absolute legal immunity. We want to change that.
The livelihoods of fisherfolk in Gujarat, India have been severely impacted due to the construction of the Tata Mundra coal-fired power plant, funded in part by the International Financial Corporation (IFC), the World Bank Group’s private lending arm. The plant has destroyed the natural resources relied upon by generations of local families for fishing, farming, salt-panning, and animal rearing. Our case will go before the U.S. Supreme Court October 31, 2018.
Pass-Through Policy – ERI cannot accept money which is intended to be transferred (or “passed-through”) to another organization, including the organizations of partners, alumni, current students, and other similarly affiliated entities. Although we work hard to support our partners and students in many ways, we risk scrutiny from the IRS and put our tax-exempt status in jeopardy by transferring money to them at the request of a donor. Any exceptions to this policy, or any grant agreements or other contracts that might implicate this policy, must be formally approved in writing by ERI’s Managing Director, Finance Director, and General Counsel to ensure compatibility with the law.
ERI is a 501(c)(3) organization, and all monetary donations are tax-deductible to the fullest extent allowed by tax laws.