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Benefact Trust Limited; Founded: 1972: Founder: Ecclesiastical Insurance: Type: Charitable Trust: Registration no. 1043742 [1]: Focus "Benefact Trust exists to make a positive difference to people's lives by funding, guiding and celebrating the work of churches and Christian charities; empowering the most vulnerable and giving people, communities and places a renewed opportunity to flourish.".
The current name, The Church of Jesus Christ of Latter-day Saints – Philanthropies, was changed in 2019 as part of a focus by the LDS Church to move away from the monikers 'LDS' and 'Mormon'. [6] [7] N. Eldon Tanner initially created a task force to address philanthropic issues in the LDS Church and named Donald T. Nelson as the first director.
It has an endowment of $6.3 billion and provides approximately $270 million annually in grants and impact investments. It is best known for the annual MacArthur Fellows Program, often dubbed "genius grants", which makes $625,000 no-strings-attached awards annually to about two dozen creative individuals in diverse fields. [45]
Ellen Gates Starr – founder of the biomedical institute that bears his name Hull House Elton John – has raised more than US$125 million just for the Elton John AIDS Foundation . In 2004 he donated over US$43 million to organizations around the world, making him the most generous person in music for that year, "a title he retains year after ...
Torchitorio's first recorded public act was a donation to the Church of S. Lorenzo in Genoa in thankfulness for the aid. He also made grants to the church in Pisa. His gratefulness to the Pisans was recorded in a donation along with the names of all the noble citizens of Cagliari.
Some stars have made major donations, while others have gone as far as starting their own schools. Read: 25 States That Are Trying To Add Personal Finance Education to High School Curriculums
It’s a good idea to check first with the IRS’ Tax Exempt Organizations Search Tool, but generally, charitable gifts to the following types of tax-exempt organizations are tax-deductible ...
AARP Foundation; Acorns Children's Hospice; Action Against Hunger; ActionAid; Acumen; Adelson Foundation; Adventist Development and Relief Agency; Aerospace Heritage Foundation of Canada