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YMCA, sometimes regionally called the Y, is a worldwide youth organization based in Geneva, Switzerland, with more than 64 million beneficiaries in 120 countries.It has nearly 90,000 staff, some 920,000 volunteers and 12,000 branches worldwide. [1]
A not-for-profit or non-for-profit organization (NFPO) is a legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives. [1] An NFPO does not earn profit for its owners, as any revenue generated by its activities must be put back into the organization. [2]
It is now very common for YMCAs to have swimming pools and weight rooms, along with facilities for playing various sports such as basketball, volleyball, racquetball, pickleball, and futsal. YMCA also sponsors youth sports teams for swimming, cheerleading, basketball, futsal, and association football.
Kang’s donation will help the organization double the number of camps it currently runs to six per age group, specifically funding those for women and girls, according to the press release said.
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 ...
Youth sports is any sports event where competitors are younger than adult age, whether children or adolescents. Youth sports includes school sports at primary and secondary level, as well as sports played outside the education system, whether informally or organized.
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