Sentences with phrase «charitable assets under»

We analyzed this subcategory by the National Charities» size of charitable assets under management.

Not exact matches

Investor needs such as Waqf, an inalienable charitable endowment under Shari'ah law, will be on the agenda, as will net asset value discounts and premiums.

Upon dissolution of the Corporation, any assets remaining after payment of or provision for its debts and liabilities shall, consistent with the purposes of the organization, be paid over to charitable organizations exempt under the provisions of Section 501 (c)(3) of the U.S. Internal Revenue Code or corresponding provisions of subsequently enacted federal law and whose purposes and objectives promote breastfeeding education and support.

In the event of dissolution or termination of the Association, the Board shall, after the payment of all of the liabilities of the Association, dispose of all of the assets of the Association exclusively for the objectives of the Association, in such manner, or to such organization or organizations organized exclusively for charitable, educational, or scientific purposes as shall at the time qualify as an exempt organization or organizations under Section 501 (c) 3 of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law) as the Board shall determine.

Upon dissolution or winding up of said corporation's affairs, whether voluntary or involuntary, all of its assets then remaining in the hands of the board of directors shall, after paying or making provision for payment of all of said corporation's liabilities, be distributed, transferred, conveyed, delivered, and paid over only to educational, scientific, literary, or charitable organizations that are exempt from federal income tax under section 501 (c)(3) of the Internal Revenue Code of 1986, as amended, and which are not private foundations within the meaning of section 509 (a) of the Internal Revenue Code of 1986, as amended, on whatever terms and conditions and in whatever amounts the board of directors may determine, for use exclusively for educational, scientific, literary, or charitable purposes, except that no distribution shall be made to organizations testing for public safety.

Does a donor also receive a charitable deduction when they roll over assets to a charity under this provision?

Upon the dissolution of the association known as the New Jersey Association of School Librarians, Inc., the Board of Trustees will, after paying or making provision for the payment of all of the liabilities of the Association, distribute the remaining assets to such organization or organizations organized and operated exclusively for charitable, educational, religious, or scientific purposes as will at the time qualify as an exempt organization or organizations under section 501 (c)(3) of the Internal Revenue Code of 1954 (or the corresponding provisions of any future United States Internal Revenue Law), as the Board of Trustees will determine, or to a state, federal or local government for a public purpose.

On the placing of money into a charitable fund, the wife had two courses, said the judge: she could allege reckless expenditure by the husband and seek re-attribution to his asset fund (Norris v Norris [2002] EWHC 2996 (Fam), [2003] All ER (D) 428 (Feb); Vaughan v Vaughan [2007] EWCA Civ 1085, [2007] All ER (D) 43 (Nov)-RRB-; or she could seek to have the disposal set aside under Matrimonial Causes Act 1973 (MCA 1973), s 37 (2)(b).

Charitable Lead Trust: A trust established for the benefit of a charitable organization under which the charitable organization receives income from an asset for a set number of years or for the trustor'sCharitable Lead Trust: A trust established for the benefit of a charitable organization under which the charitable organization receives income from an asset for a set number of years or for the trustor'scharitable organization under which the charitable organization receives income from an asset for a set number of years or for the trustor'scharitable organization receives income from an asset for a set number of years or for the trustor's lifetime.

Charitable Remainder Trust: A trust established for the benefit of a charitable organization under which the trustor receives income from an asset for a set number of years or for the trustor'sCharitable Remainder Trust: A trust established for the benefit of a charitable organization under which the trustor receives income from an asset for a set number of years or for the trustor'scharitable organization under which the trustor receives income from an asset for a set number of years or for the trustor's lifetime.