Sentences with phrase «charitable purposes as»

Not exact matches

You also will not be subject to the 50 percent limit if you pay for a package deal that includes a ticket to a qualified charitable sporting event as long as all the proceeds go to the charity, volunteers staff the event, and the event's main purpose is to benefit the charity.

Although these statutes typically contain no express limit on the size of permissible gifts, courts interpreting the statutes require corporate charitable donations to be reasonable both as to the amount and the purpose for which they are given.

The tax code allows private foundations to include as «qualified distributions» certain expenses associated with grantmaking and other payments made for charitable purposes (e.g., conferences, technical assistance for grantees and other expenses).

A charitable organization serves broad public purposes in educational, religious, scientific and artistic fields, among others, as well as the relief of poverty and other public benefit activities.

No one knows how those millions were spent, as they went into the Vatican's general fund, despite being designated for charitable purposes.

The remaining items refer to deductibility of charitable contributions, gifts and bequests, which are otherwise taxable — deductibility not to the recipient nonprofit organization, but to the donor, on the rationale that what the donor gives away to a charitable organization should not be treated as income for purposes of taxation since, unlike taxable income, it does not represent the consumption or accumulation of income for the donor's personal aggrandizement.

For federal income tax purposes, you may deduct as a charitable contribution the price of this ticket less $ 50, our good - faith estimate of the value of the goods or services received.

We have applied for charitable status in the past, but the Charity Commission views our work on regulating the baby feeding industry to protect parents and babies as a «political purpose».

Lowcountry Parents of Multiples The purpose of the Lowcountry Parents of Multiples is to support awareness of and interest in children of multiple births; to participate in research pertaining to multiples and their families; to exchange ideas and information with parents and guardians of multiples throughout the Greater Charleston Area; to offer parents of multiples emotional support; and, to use its proceeds, as possible, to assist charitable organizations which aid multiples and their families.

School districts in some states, including all five surveyed, may have additional protection under «recreational use» statutes, which offer immunity from certain claims against landowners who open their property to the public for recreational use.10 In states with broad recreational use statutes, such as Indiana, opening school kitchen facilities could be considered a protected activity under the law, depending on the circumstances of the use and other factors.11 However, in Massachusetts, protection for recreational activities extends only to purposes that are «scientific, educational, environmental, ecological, research, religious, or charitable,» 12 so the state's statute might not apply when districts allow for - profit groups to use school kitchens.

She says the committee, which is formed as a not - for - profit 501c4, is using rules intended to protect givers to charitable and civil rights concerns as a «cloak» to «shield from disclosure» names of donors who give money for more purely political purposes.

Contributions to AMERICAblog are not deductible as charitable contributions for federal income tax purposes.

Contributions to the PCCC are not deductible as charitable contributions for federal income tax purposes.

She says the Committee, which is formed as a not for profit 501 C 4, is using rules intended to protect givers to charitable and civil rights concerns as a «cloak» to «shield from disclosure» names of donors who give money for more purely political purposes.

The Clinton Foundation told DailyMail.com it will not return as much as $ 250,000 in donations from Harvey Weinstein, saying the money had already been spent on the organization's programs and used for charitable purposes.

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.

No part of the assets or net earnings of said corporation, current or accumulated, shall inure to the benefit of or be distributable as dividends or otherwise to the directors, officers, or employees of said corporation or to other private persons, except that said corporation is authorized and empowered to pay reasonable compensation for services actually rendered and to make payments and distributions to further its charitable, scientific, literary, and educational purposes.

The Board of Directors shall seek to obtain such other funds as necessary to fulfill the goals of the corporation in accordance with its charitable, educational, and scientific purposes.

My purpose in the post is to explain my position (as I have received many emails asking), present the information I found while researching this decision for our own sons, and to facilitate a kind and charitable discussion.

Whereas some foundations sustain established community cultural and charitable institutions, such as the local symphony or United Way, other foundations are organizing institutions dedicated to new purposes, such as Andrew Carnegie's libraries, the Gates Foundation's restructured high schools, or the Robert Wood Johnson Foundation's school - based health centers.

Membership dues to Missouri Association of Elementary School Principals are not tax deductible as charitable contributions for income tax purposes.

For the 2018 First Look for Charity Gala, $ 223 of each $ 275 ticket is deductible as a charitable expense, for tax purposes.

Donations are eligible as a charitable donation for tax purposes.

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.

For the purposes of this program, public interest legal employment is defined as legal work performed while engaged in poverty law, civil rights law or charitable organization representation.

: Yes, family trusts and corporations are built into the family financial plan as author Chris Clarke shows how you can use best business practices to shape leaders and transform your family into an effective team with a common financial and charitable purpose.

I have no commitments as such and want to utilize interest from investments for charitable purposes.

Nonprofit Home Inspections is unique in the home inspection industry in that we've got a charitable purpose and are registered with the IRS as a 501 (c)(3) nonprofit organization.

Keep Kids Fire Safe Foundation, based in Clarksville, Arkansas, was recently designated as a tax exempt, 501 (c)(3) not - for - profit corporation organized specifically for charitable and educational purposes.

Last month, the South Carolina Secretary of State recognized FOTAS as an «Angel» charity — one that spends 80 % or more on its charitable purpose.

The Michigan Animal Adoption Network is a Section 501 (c) 3 nonprofit and your donation may qualify as a charitable deduction for federal income tax purposes.

I Am Ferret is organized exclusively for charitable and educational purposes, more specifically to maintain the preservation and improve conditions for ferrets as they exist as pets and in the wild.

Adopt A Rescue Pet, commonly known as ARP, is incorporated in Nevada for the charitable purposes of animal welfare and pet ownership services.

For those programs that have attained IRS 501 (C0 (3) satus, your contribution may be deductible for federal income tax purposes as a charitable contribution.

It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

Some jurisdictions permit a general statement such as «any lawful purpose,» but some require explicit specifications concerning your activity as a charitable animal shelter or rescue group.

As the GSDCA Charitable Trust was created for benevolent purposes, we intend to host special canine events that would educate the public about the upkeep and care of the German Shepherd Dog as well as raise funds for recognized charities that help our dogAs the GSDCA Charitable Trust was created for benevolent purposes, we intend to host special canine events that would educate the public about the upkeep and care of the German Shepherd Dog as well as raise funds for recognized charities that help our dogas well as raise funds for recognized charities that help our dogas raise funds for recognized charities that help our dogs.

The Royal Edinburgh Military Tattoo is run for charitable purposes, and has donated over # 5 million through the years to funds such as the Army Benevolent Fund.

He has served on such boards as the European Fine Arts Foundation (organizers of the Maastricht Fair), The Hearst Castle Preservation Foundation, the Friends of Vieilles Maisons Francaises, the San Francisco Art Dealers Association and today uses his auctioneering skills primarily for charitable purposes.

Apparently UK charities are allowed to campaign and discuss the referendum publically (within set guidelines) insofar as it «further [s] or support its charitable purposes».

Contributions or gifts to the Climate Reality Action Fund, a 501 (c)(4) organization, are not deductible as charitable contributions for United States Federal income tax purposes.

Contributions to American Energy Alliance are not deductible as charitable contributions for income tax purposes.

Charitable giving (when connected with a marketing purpose such as name recognition, or because a charity has a close connection with a client)

As you would expect, the handbook includes practical commentary on each of the charitable purposes identified in the Charities Act 2011 and the types of charities this would cover and the activities they promote.

Charities Act 2006 (Commencement No 4, Transitional Provisions and Savings) Order 2008 (SI 2008/945) Brought into force, intralia, the fol lowing provisions of the Charities Act 2006 on 1 April 2008: s 1 (meaning of charity); s 2 (meaning of «charitable purpose»); s 3 («public benefit» test); s 4 (6)(guidance as to the operation of the public benefit requirement); s 5 (1)(special provisions about recreational charities, sports clubs etc); s 5 (2)(special provisions about recreational charities, sports clubs etc); s 29 (1)(duty of auditor etc. of charity which is not a company to report matters to the Commission); s 30 (Group Accounts); s 33 (duty of auditor etc of charitable company to report matters to the Commission); and s 38 (power of Commission to relieve trustees, auditors etc from liability for breach of trust or duty.

(Commencement No 4, Transitional Provisions and Savings) Order 2008 (SI 2008/945) Brought into force, intralia, the fol lowing provisions of the Charities Act 2006 on 1 April 2008: s 1 (meaning of charity); s 2 (meaning of «charitable purpose»); s 3 («public benefit» test); s 4 (6)(guidance as to the operation of the public benefit requirement); s 5 (1)(special provisions about recreational charities, sports clubs etc); s 5 (2)(special provisions about recreational charities, sports clubs etc); s 29 (1)(duty of auditor etc. of charity which is not a company to report matters to the Commission); s 30 (Group Accounts); s 33 (duty of auditor etc of charitable company to report matters to the Commission); and s 38 (power of Commission to relieve trustees, auditors etc from liability for breach of trust or duty.

Almost any organization that states as its purpose «care and treatment of the sick» or «the promotion of health care» can qualify as a charitable organization in Massachusetts.

«Relief of poverty» has long been accepted as a charitable purpose under charities law.

By «institutionally related foundation,» we mean a foundation that qualifies as a nonprofit charitable foundation under section 501 (c)(3) of the Internal Revenue Code and that has in its charter statement of charitable purposes an explicit linkage to the covered entity.