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Certain types of charity may issue a tax certificate when requested, which donors can use to apply for a tax deduction. Charities/NGOs may be established as voluntary associations, trusts or nonprofit companies (NPCs). Voluntary associations are established by agreement under the common law, and trusts are registered by the Master of the High ...
Samaritas, formerly Lutheran Social Services of Michigan, [1] is a 501(c)(3) non-profit, human services organization that serves the entire Lower Peninsula of Michigan with more than 70 programs sites, including adoption, a community center, foster care, family preservation, independent, assisted living and rehabilitation centers for seniors, skilled nursing centers, refugee resettlement and ...
Charity non-profits face many of the same challenges of corporate governance which face large, publicly traded corporations. Fundamentally, the challenges arise from the "agency problem" - the fact that the management which controls the charity is necessarily different from the people who the charity is designed to benefit. In a non-profit ...
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In 2016, Longstreth wrote a draft interpretive release for state AGs, noting that under the act, institutions that expose themselves to investment in companies materially dependent on long-term carbon emissions (such as the fossil fuel industry) could be found to be acting imprudently and at odds with their charitable mission.
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