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World Vision International
World Vision International is an evangelical Christian humanitarian aid, development, and advocacy organization. It prefers to present itself as interdenominational and also employs staff from non-evangelical Christian denominations. It was founded in 1950 by Robert Pierce as a service organization, with the intent to meet the emergency needs of missionaries. In 1975, development work was added to World Vision's objectives. It is active in more than 90 countries with a total revenue including grants, product and foreign donations of USD 2.90 billion (2019). History The charity was founded in 1950 as World Vision Inc. by Robert Pierce and co-founder Frank Phillips with their first office in Portland, Oregon. Initially, the charity operated as a missionary service organization meeting emergency needs in crisis areas in East Asia, opening an office in South Korea in 1954. In 1967, the Mission Advanced Research and Communication Center (MARC) was founded by Ed Dayton as a divi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
501(c) Organization
A 501(c) organization is a nonprofit organization in the Law of the United States#Federal law, federal law of the United States according to Internal Revenue Code (26 U.S.C. ยง 501(c)) and is one of over 29 types of nonprofit organizations exempt from some Taxation in the United States, federal Income tax in the United States, income taxes. Sections 503 through 505 set out the requirements for obtaining such exemptions. Many states refer to Section 501(c) for definitions of organizations exempt from state taxation as well. 501(c) organizations can receive unlimited contributions from individuals, corporations, and Labor union, unions. For example, a nonprofit organization may be tax-exempt under section 501(c)(3) organization, 501(c)(3) if its primary activities are charitable, religious, educational, scientific, literary, testing for public safety, fostering amateur sports competition, or preventing cruelty to Child abuse, children or Animal cruelty, animals. Types According ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
