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charity
A charitable organization or charity is a non-profit organization whose primary objectives are philanthropy and social well-being (e.g. charitable, educational, religious, or other activities serving the public interest or common good).
The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of its funds to profit individual persons or entities.Financial figures (e.g. tax refund, revenue from fundraising, revenue from sale of goods and services or revenue from investment) are indicators to assess the financial sustainability of a charity, especially to charity evaluators. This information can impact a charity's reputation with donors and societies, and thus the charity's financial gains.
Charitable organizations often depend partly on donations from businesses. Such donations to charitable organizations represent a major form of corporate philanthropy.
The Organizational Test: If the organization doesn't follow the exemption organizational test, it will be under mentoring, in order to meet the organizational test it has to be exclusively organized and operated.
Serving the public interest: In order to receive and pass the exemption test, charitable organization must follow the public interest and all exempt income should be for the public interest.
Hi All,
My corporate overlords have been using an online service to coordinate charity giving by employees, and they have included a benefit that will match our donations up to a certain amount. Sometimes, they straight up give us credit $$$ to spend on charities. This has been a popular trend...
Hey folks - I don't know if ya'll have seen this, but I wanted to mention that Alex Horn is doing a raffle and auction (for two incredible knives) to support Tuesday's Children, a 501(c)(3) non-profit that supports the children of the families impact by 9/11. It's probably one the the most...
Reminder:
If anyone is curious what that is, Amazon has a program they call Amazon Smile where they donate to someone you name every time you buy something from them. You have to go through Amazon Smile, it costs you nothing. If anyone can suggest a better org, I'm all ears, but that's who's...
Hello nwfa want to give back this year! Im selling my Smith and Wesson 637 good condition and very little rounds. I'm asking 250 I'll will like erock split it 50/50! 125 to a children's health charity or buyers choice and other half to nwfa. Please check out erocks ad for his lcp chairty gun. I...
It is time for the Annual Vision X Night Match Classic! Every year, the Paul Bunyan December USPSA outlaw match proceeds go to less fortunate children via the Marine Toys for Tots foundation. This year we decided to go BIG, and all match proceeds from this amazing event will go to the Marine...