Pahl Peace Prize
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Pahl Peace Prize
The Pahl Peace Prize is awarded annually to outstanding individuals who have considerably and actively contributed to world peace, funded by Mr. Jochem O.W. Pahl. The annual prize was first granted in 2021 in the Principality of Liechtenstein. It comes with a monetary award of EUR 100.000 and a specifically designegold medal Prize and medal The Pahl Peace Prize Foundation was founded in 2018 in the Liechtenstein, Principality of Liechtenstein. The purpose of the Pahl Peace Prize Foundation is the granting of an annual peace prize, consisting of a gold medal and a cash prize of up to EUR 100.000. This prize will be awarded to outstanding individuals who have considerably and actively contributed to world peace. The prize was granted for the first time in the year 2021 in the Principality of Liechtenstein. Background The Pahl Peace Prize symbolizes the lifetime achievements of Mr. Jochem O.W. Pahl. He was always striving to make a difference – for humanity and world peace. Du ...
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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 ...
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