Charity law

MarketStar Commits 1% of Profits to Create Growth that Strengthens Communities with the Introduction of the MarketStar Foundation

Retrieved on: 
Thursday, September 10, 2020
Taxation in the United States, Charity law, Telecommuting, Working time, 501(c) organization, 501(c)(3) organization, Human activities, Human Nature, Economy

In conjunction with the formalization of the Foundation, the company is making a commitment of 1% of all profits directly to the Foundation.

Key Points: 
  • In conjunction with the formalization of the Foundation, the company is making a commitment of 1% of all profits directly to the Foundation.
  • The MarketStar Foundation has operated on an informal basis for several years and was formalized in 2020 as a 501(c)(3) private operating foundation.
  • "MarketStar is built on a culture of doing good and giving back," said Keith Titus, President and CEO of MarketStar.
  • MarketStar creates growth for employees, clients, and the communities where they live, work, and play.

The Western Union Foundation Supports International Students Impacted by COVID-19

Retrieved on: 
Thursday, September 10, 2020
Finance, Banking, Professional services, University, Education, Charity law, Taxation in the United States, 501(c)(3) organization, Charitable organization, 501(c) organization, Organizations, Articles, the Western Union Foundation, IIE

The Western Union Foundation's grant will deliver support to up to 25 students in need, who will each receive USD $10,000.

Key Points: 
  • The Western Union Foundation's grant will deliver support to up to 25 students in need, who will each receive USD $10,000.
  • "The Western Union Foundation believes that international students are an integral part of a growing community of global citizens.
  • Western Union and the Western Union Foundation have supported COVID-19 relief from the earliest days of the pandemic, kicking off a USD $1M matching appeal in February.
  • The Western Union Foundation is a separate charitable corporation that is tax-exempt under 501(c)(3) of the US Internal Revenue Code and receives support from The Western Union Company, its employees, agents, and business partners.

NAILBA Announces Leadership Additions for Association and Charitable Foundation

Retrieved on: 
Thursday, September 10, 2020
Charity law, Taxation in the United States, Charitable organization, 501(c)(3) organization, 501(c) organization, Organizations, Articles

The NAILBA Charitable Foundation has also elected new officers and board members to begin their 2020 terms.

Key Points: 
  • The NAILBA Charitable Foundation has also elected new officers and board members to begin their 2020 terms.
  • The Foundation announced the following additions:
    Michael "Slades" Sladek is National Sales Director with Mutual of Omaha.
  • The National Association of Independent Life Brokerage Agencies (NAILBA) Charitable Foundation is the philanthropic arm of NAILBA, a registered 501(c)(3) charitable organization that receives gifts mainly, but not exclusively, from the membership of NAILBA and its corporate supporters.
  • The mission of the NAILBA Charitable Foundation is to encourage volunteerism among the NAILBA membership and provide grant funds to worthy charitable organizations with limited operating budgets in local communities served by member agencies, with a special emphasis on those that enhance the quality of life for children.

Sea of Change Foundation’s Virtual Fundraiser Begins October 14

Retrieved on: 
Wednesday, September 2, 2020
Fund Raising, Foundation, Philanthropy, Environment, Charity law, Foundation

The Sea of Change Foundation , an organization that funds conservation and research initiatives that create positive change in our natural world, invites the dive and adventure-seeking communities to participate in a virtual fundraiser from October 14 through November 14.

Key Points: 
  • The Sea of Change Foundation , an organization that funds conservation and research initiatives that create positive change in our natural world, invites the dive and adventure-seeking communities to participate in a virtual fundraiser from October 14 through November 14.
  • Headlining the Sea of Change Foundations virtual auction is a trip for two on the Galapagos Aggressor III .
  • Aggressor Adventures fully supports the Sea of Change Foundations operations so that 100 percent of funds raised are always donated directly to conservation that makes a difference.
  • About the Sea of Change Foundation: The Sea of Change Foundation funds conservation and research initiatives that directly impact the natural world we all love to enjoy and explore.

Epiq Launches Charitable Foundation to Support Employees Undergoing Hardship

Retrieved on: 
Tuesday, September 1, 2020
Charity law, Economic systems, Étude de la presse d'information quotidienne, 501(c) organization, Nonprofit organization, Foundation, Articles, Organizations

NEW YORK, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Epiq, a global leader in the legal services industry, announced the launch of the Epiq Charitable Foundation, a non-profit 501(c)(3) organization created to provide financial assistance for Epiq employees and their immediate families who are undergoing a hardship.

Key Points: 
  • NEW YORK, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Epiq, a global leader in the legal services industry, announced the launch of the Epiq Charitable Foundation, a non-profit 501(c)(3) organization created to provide financial assistance for Epiq employees and their immediate families who are undergoing a hardship.
  • Long-term support for the Foundation will be funded by charitable donations from Epiq employees, partners, and clients who want to assist Epiq employees and their immediate family members who are facing unexpected financial hardships brought on by natural disaster, unforeseen health expense, an accident, or other types of adversities.
  • Originally, the Foundation was set up to help an Epiq employee who lost a family member to COVID-19.
  • The Epiq Charitable Foundation is directed by an all Epiq-employee Board and committee.

Centurion Welcomes John Grisham to Board of Directors

Retrieved on: 
Monday, August 31, 2020
Professional services, Courts, Philanthropy, Law enforcement, Emergency services, Publishing, State, Local, Other Policy Issues, Communications, Legal, Foundation, Public policy, Government, Charity law, Taxation in the United States, Law, John Grisham, American writers, Miscarriage of justice, 501(c) organization, 501(c)(3) organization, Policy

Centurion , the oldest national non-profit 501(c)(3) organization dedicated to helping vindicate the wrongfully convicted across the United States, recently announced the addition of international best-selling author John Grisham to its board of directors.

Key Points: 
  • Centurion , the oldest national non-profit 501(c)(3) organization dedicated to helping vindicate the wrongfully convicted across the United States, recently announced the addition of international best-selling author John Grisham to its board of directors.
  • Grisham also wrote a foreword to McCloskeys recently published memoir, When Truth is All You Have (Doubleday, 2020).
  • Centurion is a national nonprofit 501(c)(3) organization based in Princeton, NJ with a mission to vindicate the wrongfully convicted.
  • Centurion takes on the most challenging cases, specifically those with no DNA evidence available to prove our clients innocence.

Church Mutual® responds to pressing community food and basic item needs throughout the U.S.

Retrieved on: 
Wednesday, August 12, 2020
Professional services, Philanthropy, Insurance, Other Philanthropy, Religion, Fund Raising, Foundation, Economic systems, 501(c) organization, Charity law, Taxation in the United States, Insurance, Organizations, Liability insurance, Mutual, Nonprofit organization, Articles

The Church Mutual Insurance Company, S.I.1, through its charitable foundation, has donated $380,000 to hundreds of 501(c)3 nonprofits, primarily to alleviate food and basic item needs around the country in the midst of the COVID-19 pandemic.

Key Points: 
  • The Church Mutual Insurance Company, S.I.1, through its charitable foundation, has donated $380,000 to hundreds of 501(c)3 nonprofits, primarily to alleviate food and basic item needs around the country in the midst of the COVID-19 pandemic.
  • To date, Church Mutual has provided almost 70 percent of the $380,000 to 445 organizations helping to alleviate hunger.
  • At our core, Church Mutual is driven by purpose and throughout the United States were seeing community nonprofit organizations with an overwhelming need where we can help, said Rich Poirier, president and CEO of Church Mutual.
  • Church Mutual markets most lines of commercial property and liability insurance, including multi-peril, workers' compensation and commercial auto insurance.

Simón Bolívar Foundation Announces $1 Million in Humanitarian Health Grants

Retrieved on: 
Tuesday, August 11, 2020
Taxation in the United States, Charity law, Organization of American States, Pan American Development Foundation, Citgo, Private foundation, 501(c)(3) organization, Foundation, Economy of the United States, United States

HOUSTON, Aug. 11, 2020 /PRNewswire/ -- The Simn Bolvar Foundation, the charitable, private foundation of CITGO Petroleum Corporation, has entered into grant agreements with the followingthreeprominent international nonprofit organizations, AID FOR AIDS International, FOOD FOR THE POOR INC. and the PanAmerican Development Foundation (PADF), to donate one million dollars as part of its Medium/Large Grants Program for Humanitarian Health.

Key Points: 
  • HOUSTON, Aug. 11, 2020 /PRNewswire/ -- The Simn Bolvar Foundation, the charitable, private foundation of CITGO Petroleum Corporation, has entered into grant agreements with the followingthreeprominent international nonprofit organizations, AID FOR AIDS International, FOOD FOR THE POOR INC. and the PanAmerican Development Foundation (PADF), to donate one million dollars as part of its Medium/Large Grants Program for Humanitarian Health.
  • The Medium/Large Humanitarian Health program includes donations ranging from $250,00 to $500,000, withexpected project timeframesof up to oneyear.
  • The Simn Bolvar Foundation Inc.was established in 2006 as the 501(c)(3) non-profit, private foundation of CITGO Petroleum Corporation.
  • The SBF supports new initiatives, leverages existing resources and invests in organizations to meet the immediate and long-term health needs of the most vulnerable.

Stertil-Koni Continues to Support NY-based Bailey's Café with Additional $5,000 Donation

Retrieved on: 
Tuesday, August 4, 2020
Charity law, Taxation in the United States, Stevensville, 501(c) organization, Stuyvesant, Cision, Bedford–Stuyvesant, Brooklyn, 501(h) election, Organizations, Companies

STEVENSVILLE, Md., Aug. 4, 2020 /PRNewswire-PRWeb/ --Stertil-Koni, the leader in heavy duty bus lifts and truck lifts, has continued its support of Brooklyn, NY-based Bailey's Caf, a 501(c) (3) non-profit organization, with an additional $5,000 donation.

Key Points: 
  • STEVENSVILLE, Md., Aug. 4, 2020 /PRNewswire-PRWeb/ --Stertil-Koni, the leader in heavy duty bus lifts and truck lifts, has continued its support of Brooklyn, NY-based Bailey's Caf, a 501(c) (3) non-profit organization, with an additional $5,000 donation.
  • As Bailey's Caf founder and director, Stefanie Siegel, notes: "We deeply appreciate Stertil-Koni's willingness to support a small, grassroots organization in Bedford-Stuyvesant Brooklyn for so many years, especially in these difficult times.
  • Bailey's Caf is a Brooklyn-based, 501(c) (3) charitable organization dedicated to providing creative and collaborative environments to communities across New York City.
  • Stertil-Koni USA is headquartered in Stevensville, Maryland with production facilities in Europe, the Netherlands, and in Streator, IL.

WE Charity Response to Finance Committee Hearing

Retrieved on: 
Wednesday, July 22, 2020
Charity law, WE Charity, Foundation

TORONTO, July 22, 2020 /CNW/ - Today's session of the House Standing Committee on Finance reaffirmed that there are several inaccurate statements circulating regarding WE Charity and the CSSG.

Key Points: 
  • TORONTO, July 22, 2020 /CNW/ - Today's session of the House Standing Committee on Finance reaffirmed that there are several inaccurate statements circulating regarding WE Charity and the CSSG.
  • False Claim that the CSSG contribution agreement was made with WE Charity Foundation, "a real estate holding company"
    WE Charity Foundation does not hold, nor has it ever held real estate.
  • Such liability could overwhelm WE Charity, and counsel advised that the contracting party would preferably be "WE Charity Foundation".
  • The WE Charity Board of Directors is structured to provide governance and legal oversight over the WE Charity Foundation.