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Academy Sports + Outdoors came into existence in 1938, [5] when Arthur Gochman and his business partner purchased Southern Sales, a San Antonio-based Army-Navy surplus chain comprising six stores that were by that year no longer making any profit. At the time, Gochman was a practicing attorney in San Antonio.
A foundation (also referred to as a charitable foundation) is a type of nonprofit organization or charitable trust that usually provides funding and support to other charitable organizations through grants, while also potentially participating directly in charitable activities.
The organization's Form 990 (or similar such public record as the Form 990-EZ or Form 990-PF) must be available for public inspection and photocopying at the offices of the exempt organization, through a written request and payment for photocopies by mail from the exempt organization, or through a direct Form 4506-A "Request for Public ...
Donations made to 501(c)(3) organizations are typically tax-deductible for the donors, meaning individuals and businesses can claim those donations as deductions on their tax returns, subject to certain limitations. This tax benefit encourages charitable giving. In contrast, donations made to 501(c)(4) organizations are not generally tax ...
A fundraising event (also called a fundraiser) is an event or campaign whose primary purpose is to raise money for a cause, charity or non-profit organization. Fundraisers often benefit charitable, non-profit, religious, or non-governmental organizations, though there are also fundraisers that benefit for-profit companies and individuals.
On October 2, Oprah made a surprise video appearance at the U.S. Dream Academy’s 25th anniversary “Power of a Dream” celebration to show her support. Oprah Just Donated Millions of Dollars ...
Directors and officers of non-profits owe a fiduciary duty to the non-profit and its beneficiaries similar to the duties owed by directors and officers of for-profit corporations. [6] Non-profits can have vicarious liability for injuries caused by their employees or volunteers to third parties, such as by traffic accidents. For this reason it ...
NAF is an industry-sponsored nonprofit with a national network of public-private partnerships that support career academies within traditional high schools. [1] [2] Each academy focuses on a theme that addresses the anticipated future needs of local industry and the community it serves in five major "college prep plus" fields of study that encourage and facilitate college preparation and ...