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Charitable organization

#Social economy #Wills and trusts #Charities #Types of organization

1 The IRS, except in rare circumstances, refers to all organizations qualifying for exemption under ________ as charities.

2 ________

3 In the ________ a charitable organization is an organization that is organized and operated for purposes that are beneficial to the public interest,[17] however a distinction is made between types of charitable organizations.

4 A charitable organization is a type of ________ (NPO).

5 charitable, educational, ________, or other activities serving the public interest or common good).

6 The 20,000 or so charities in ________ are registered with the Office of the Scottish Charity Regulator (OSCR), which also publishes a Register of charities online.

7 United States ________

8 Examples of operating foundations or public charities include the Elizabeth Glaser Pediatric AIDS Foundation, American Cancer Society, Inc., and the ________.

9 Examples of a non-operating private foundation would be the ________ and the Bill & Melinda Gates Foundation.

10 It can, however, register as a charity with ________.

💡 Interesting Facts

  • in 1850, the Harvard Musical Association, a charitable organization in Boston, raised over $100,000 for the construction of the Boston Music Hall (pictured) in under 60 days?
  • the Jesus Army, a British Christian outreach organisation, has been condemned by the Cult Information Centre, another British charity?
  • the Seashell Trust is the oldest charity for deaf children in North West England?
  • according to a survey by Reader's Digest, the Royal New Zealand Society for the Prevention of Cruelty to Animals is New Zealand's second most trusted charity?
  • Table to Table is an Israeli charity that collects leftover and surplus food, gathering enough each week to provide 12,000 to 14,000 meals and 40 to 50 tons of produce?
  • Hamdard (Wakf) Laboratories, the world's largest manufacturer of Unani medicines, reinvests all its profits into charitable activities?
  • Maria Antonescu, wife of Romania's World War II dictator Ion Antonescu, presided over charities financed though the extortion of local Jews?
  • Mexico's largest pawnbroker, Nacional Monte de Piedad, is legally recognized as a charity?
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