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Similar to a charitable remainder trust, payments may be either a fixed amount (charitable lead annuity trust) or a percentage of trust principal (charitable lead unitrust). At the end of the trust term, the remainder can either go back to the donor or to heirs named by the donor. The donor may sometimes claim a charitable income tax deduction ...
A charitable lead trust is a form of charitable trust that first distributes assets to the named charities. Once the assets have been distributed to the charities as specified in the trust, the ...
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]
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.
Technically religious charitable organizations, they have evolved into "giant private monopolies with no governmental oversight", [6] and are now described as channeling revenues to groups supporting the Islamic Republic, [7] while providing limited and inadequate charity to the poor. [2]
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Rekhta is an Indian web portal started by Rekhta Foundation, a non-profit organisation dedicated to the preservation and promotion of the Urdu literature. [4] The Rekhta Library Project, its books preservation initiative, has successfully digitized approximately 200,000 books over a span of ten years. [5]