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The donor may sometimes claim a charitable income tax deduction or a gift/estate tax deduction for making a lead trust gift, depending on the type of charitable lead trust. Generally, a non-grantor lead trust does not generate a current income tax deduction, but it eliminates the asset (or part of the asset's value) from the donor's estate.
The Evacuee Trust Property Board, (Urdu: ہیئت تولیتیی املاکِ متروکہ) a statutory board of the Government of Pakistan, is a key government department which administers evacuee properties, including educational, charitable or religious trusts left behind by Hindus and Sikhs who migrated to India after partition. It also ...
Fauji Foundation was established as a charitable trust in 1954 under the Charitable Endowments Act of 1889. [5] It was established for the welfare of the Pakistan Armed Forces' three branches—Pakistan Navy, Pakistan Army, and Pakistan Air Force—and thus came under the management of the Ministry of Defence. [5]
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The Al-Qadir Trust was founded in 2019 by Imran Khan, who served as Prime Minister of Pakistan from 2018 to 2022 . He is the founder of the Pakistan Tehreek-e-Insaf (PTI). ). The groundbreaking ceremony for the Al-Qadir University took place on 5 May 2019, at Sohawa, at which the prime minister of Pakistan, Imran Khan, laid the university's foundation s
FBO is an abbreviation for the common term “for the benefit of” and it is often used in estate planning. In a trust, the term conveys ownership and value to the trustee. The FBO legal language ...
The trust manages The New College in the city of Chennai along with MEASI Matriculation Higher Secondary School, New College Institute of Management, MEASI Academy of Architecture, Institute of Research in Soil Biology & Bio-Technology, MEASI Urdu Academy and MEASI Institute of Information Technology, MEASI C.A. Academy.
According to a report of Arab News, Alkhidmat Foundation Pakistan took lead in coronavirus activities in Pakistan by effectively responding to the pandemic. [2] Alkhidmat set up the hospital in response to the deaths of hundreds of children in the Thar desert region in 2014, resulting from severe drought and malnutrition. With 60 beds, the ...