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For example, the Division of Resettlement Services works through private nonprofit and public organizations to provide economic support and social integration services to refugees. This particular division “administers the Voluntary Agency Match Grant Program and seven competitive refugee social services discretionary grant programs.
Since the 1970s the program has grown to several thousand sites nationwide, partnering with non-profit organizations, local municipalities, and colleges and universities. In Tax Year 2015, 3.7 million VITA tax returns were filed with a 94% accuracy rate. VITA provides service to taxpayers making less than $58,000 per year.
The total match may not exceed $2,000 for individuals or $4,000 for households. Upon enrolling in an IDA program, a refugee commits to and signs a savings plan agreement which specifies the savings goal, the match rate, and the amount the refugee will save each month. Basic financial training is provided by the grantee.
Understanding grant money’s tax implications is crucial for individuals and businesses. While personal grants are typically non-taxable when used for their intended purposes, business grants ...
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Certain programs have restrictions on who may receive the assistance because of the nature of its activity or service. [8] Examples include infrastructure programs and grants, which are usually restricted to States, local governments, and U.S. territories—because these are usually the only entities that administer public roads, bridges, etc.
Haitians in Springfield, Ohio, seek solace in churches and community hubs as fears of deportation and the uncertain future of the TPS program under Trump’s policies loom large. At the end of his ...
In philanthropic giving, foundations and corporations often give money to non-profit entities in the form of a matching gift. [2] Corporate matches often take the form of employee matching gifts, which means that if an employee donates to a nonprofit, the employee's corporation will donate money to the same nonprofit according to a predetermined match ratio (usually 1:1).