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If an organization is to qualify for tax exempt status, the organization's (a) charter — if a not-for-profit corporation — or (b) trust instrument — if a trust — or (c) articles of association — if an association — must specify that no part of its assets shall benefit any people who are members, directors, officers or agents (its principals).
The National Council of Nonprofits (NCN) is the largest nonprofit network in the United States, [1] with 25,000 nonprofit members and 52 state nonprofit network subsidiaries. [2] It engages in public policy work and conducts professional development for nonprofit members, providing nonprofits with research and assets to assist their operations.
When services are provided by myriad teams or suppliers, ensuring seamless service delivery to the business or organization being served presents a challenge. To sustain the benefits, strong operational and commercial governance are essential. According to research, service integration and management needs to address and overcome four key ...
Shared services is the provision of a service by one part of an organization or group where that service had previously been found in more than one part of the organization or group. Thus the funding and resourcing of the service is shared and the providing department effectively becomes an internal service provider.
Given sufficient compatibility between facility requirements, two teams that do not play the same sport may share a ground or a stadium. North American indoor arenas commonly feature basketball and ice hockey teams sharing the facility during their common fall-to-spring season; a layer of insulation and a basketball floor can easily be laid over or removed from the hockey rink, and dasher ...
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.
Sporting teams around the world use subscription TV channels to promote their brand and team to new and current fans. The ability for sports teams to produce their own television channels requires a significant amount of money and is usually only restricted to large clubs with large amounts of profit such as Manchester United and Barcelona.
[1] [2] [3] The FCC's 2016 auction allowed two or more stations to share a single 6 MHz television channel while retaining their licenses and all rights. [4] [5] [6] NBC sold the spectrum of three of its stations in the 2017 FCC auction: WNBC New York, Telemundo WSNS-TV Chicago and WWSI Philadelphia. Other NBC stations in the market would begin ...