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General Motors Foundation, Inc. was a 501(c)(3) organization [2] and the philanthropic vehicle of General Motors from its establishment in 1976 until its termination in 2017. [ 1 ] Charities funded by the foundation included Safe Kids Worldwide , [ 3 ] College for Creative Studies , [ 4 ] and the Belle Isle Conservancy .
The Tax Foundation's first project was a successful effort to stop a tax increase in Westchester County, New York, where they provided research and analysis (including an "Expenditure Survey" of state spending) to local activists. [10] By 1943, the Tax Foundation had helped set up taxpayers associations and expenditure councils in 35 states. [10]
The plant constituted 35% of the City of Norwood's tax base, approximately $2 million annually. As a result, many city services were reduced and eliminated, and property tax rates raised. The plant employed 430 Norwood residents at the time of its closing, with the remaining employees mostly living in and around the Cincinnati area.
General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.
The RACER Trust (Revitalizing Auto Communities Environmental Response Trust) was created in March 2011 by a consent decree in the United States Bankruptcy Court for the Southern District of New York to clean up and position for redevelopment certain real properties owned by the former General Motors Corporation (“GMC”) and various GMC affiliates at the time of GMC's bankruptcy in 2009.
On April 24, 2007, Moran died at his home in Hillsboro Beach, Florida, at the age of 88 [38] on the very day it was announced that Toyota had surpassed General Motors as the best-selling automaker in the world. [39] His wife Jan has continued his philanthropic endeavors through the Jim Moran Foundation. [40]
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Due to a flood of the Trinity River in 1922 and flood control taxes levied by the local government, GM closed the factory in 1924 and in 1929 Leeds Assembly opened in Kansas City, Missouri. [2] The Chevrolet Motor Company Building in Dallas replaced the Trinity Park facility from 1923 until 1935 and was replaced by the more advanced Arlington ...