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The foundation's annual IRS Form 990 filing would normally contain the full list of grants made by the foundation. [1] [2] [3] The following lists are incomplete. The following were reported to the Foundation Center during the year 2006: [4] United Way of New York City – $250,000; Operation Smile – $117,000; Dana Farber Cancer Institute ...
In 2013, the Trump Foundation made a $5,000 grant to the non-profit D.C. Preservation League. According to The Washington Post, the nonprofit's support helped the Trump Organization obtain the rights to convert Washington, D.C.'s historic Old Post Office Pavilion into the Trump International Hotel. In acknowledgment of the donation, the Trump ...
An organization must meet certain requirements set forth in the code. Some organizations must also file a request with the Internal Revenue Service to gain status as a tax-exempt non-profit charitable organization under section 501(c)(3) of the tax code. A non-exhaustive list of organizations that may meet the Federal requirements are as follows:
WestJet was founded on June 27, 1994, [23] by Clive Beddoe, David Neeleman, Mark Hill, Tim Morgan, and Donald Bell. WestJet was based on the low-cost carrier business model pioneered by Southwest Airlines and Morris Air in the United States. Its original routes were all located in Western Canada, which gave the airline its name.
A 501(c) organization is a nonprofit organization in the federal law of the United States according to Internal Revenue Code (26 U.S.C. § 501(c)). Such organizations are exempt from some federal income taxes. Sections 503 through 505 set out the requirements for obtaining such exemptions.
A foundation (also referred to as a charitable foundation) is a type of nonprofit organization or charitable trust that usually provides funding and support to other charitable organizations through grants, while also potentially participating directly in charitable activities.
Such donations to charitable organizations represent a major form of corporate philanthropy. [ 4 ] To meet the exempt organizational test requirements, a charity has to be exclusively organized and operated, [ 1 ] and to receive and pass the exemption test, a charitable organization must follow the public interest and all exempt income should ...
[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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