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Fritz Thyssen Foundation
The Fritz Thyssen Foundation (german: Fritz Thyssen Stiftung) is a private nonprofit foundation in Germany, created on 7 July 1959 by Amélie Thyssen and Anita Gräfin Zichy-Thyssen and named in memory of prominent iron and steel manufacturer August Thyssen and his son Fritz, who became a major financial backer of the ascendant Nazi Party in the early 1930s. The Thyssen family generated significant wealth in the late 19th century as producers of coal, iron and steel. August Thyssen founded Thyssen & Co. KG in Mülheim in 1871 and, over the following decades, established iron- and steelmaking plants throughout the Ruhr region of Germany. Following August's death in 1926, Fritz Thyssen assumed control of the iron and steel empire. In 1932, Thyssen signed a petition urging German President Paul von Hindenburg to appoint Adolf Hitler to the German chancellorship. The following year, he orchestrated a meeting between Hitler and influential German industrialists, which significantly inc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nonprofit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |