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Nonprofit incubation Fundraising for local causes as a corporate donor, public charity, or foundation; Financing Housing cooperatives or other cooperatives; Fiscal sponsorship of community-based associations; Youth and leadership development; Advocacy. Sustainable development advocacy; Locally-owned business advocacy; Environmental justice and ...
Fiscal sponsorship can enable projects to share a common administrative platform with a larger organization, thus increasing efficiency. In addition to legal status, sponsors can provide payroll, employee benefits, office space, publicity, fundraising assistance, and training services, sparing projects the necessity of developing these resources and allowing them to focus on programmatic ...
Pelotonia was founded in 2008 as a 501(c)(3) to create a cycling event to raise funds for cancer research. [1] Formerly of the Dana–Farber Cancer Institute, Dr. Mike Caligiuri became CEO of James Cancer Hospital and Solove Research Institute at the start of 2008 and began exploring ways to expand community support and research funding. [2]
The predecessor of IRC 501(c)(6) was enacted as part of the Revenue Act of 1913 [88] likely due to a U.S. Chamber of Commerce request for an exemption for nonprofit "civic" and "commercial" organizations, which resulted in IRC 501(c)(4) for nonprofit "civic" organizations and IRC 501(c)(6) for nonprofit "commercially-oriented" organizations. [77]
[37] [38] A private nonprofit organization, GuideStar, provides information on 501(c)(3) organizations. [39] [40] ProPublica's Nonprofit Explorer provides copies of each organization's Form 990 and, for some organizations, audited financial statements. [41] Open990 is a searchable database of information about organizations over time. [42]
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If an organization is to qualify for tax exempt status, the organization's (a) charter — if a not-for-profit corporation — or (b) trust instrument — if a trust — or (c) articles of association — if an association — must specify that no part of its assets shall benefit any people who are members, directors, officers or agents (its principals).
It is the only child sponsorship organization to hold this rating from the institute. [10] Unbound meets all 20 standards established by the Better Business Bureau Wise Giving Alliance. [11] Unbound receives the distinction of Top-Rated Nonprofit from Great Nonprofits, based on reviews from people who donate to or benefit from nonprofit ...
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