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Charities
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. However, some charitable organizations have come under scrutiny for spending a disproportionate amount of their income to pay the salaries of their leadership. Financial figures (e.g. tax refunds, revenue from fundraising, revenue from the sale of goods and services or revenue from investment, and funds held in reserve) are indicators to assess the financial sustainability of a charity, especially to charity evaluators. This ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charity Evaluators
Charity assessment is the process of analysis of the ''goodness'' of a non-profit organization in financial terms. Historically, charity evaluators have focused on the question of how much of contributed funds are used for the purpose(s) claimed by the charity, while more recently some evaluators have placed an emphasis on the cost effectiveness (or impact) of charities. Charity watchdogs A charity watchdog is a type of nonprofit organization that provides ratings of charitable groups based on how an individual charity's money is spent, how it governs itself, and how the charity protects its donors' privacy, among other criteria. GiveWell has focused primarily on the cost-effectiveness of the organizations that it evaluates, rather than traditional metrics such as the percentage of the organization's budget that is spent on overhead. In the first year, Karnofsky and Hassenfeld advocated that charities should generally spend more money on overhead, so that they could pay for s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philanthropy
Philanthropy is a form of altruism that consists of "private initiatives for the Public good (economics), public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors that are public initiatives for public good, such as those that focus on the provision of public services. A person who practices philanthropy is a philanthropist. Etymology The word ''philanthropy'' comes , from 'to love, be fond of' and 'humankind, mankind'. In , Plutarch used the Greek concept of to describe superior human beings. During the Middle Ages, was superseded in Europe by the Cardinal virtues, Christian virtue of ''Charity (Christian virtue), charity'' (Latin: ) in the sense of selfless love, valued for Salvation in Christianity, salvation and escape from purgatory. Thomas Aquinas held that "the habit of charity extends not only to the love of God, but also to t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charity Regulators
A charity regulator is a regulatory agency that regulates the charitable or wider nonprofit sectors in it respective jurisdiction. They can also be referred to as commissions, although that term can also refer specifically to the non-tax policy regulation of charitable organizations. Charity regulators take various forms, from small teams within taxation departments to standalone bodies. Examples *Charity Commission for England and Wales *Charity Commission for Northern Ireland *Office of the Scottish Charity Regulator * Charities Regulator or ''An Rialálaí Carthanas'' (Ireland) *Gibraltar Charity Commissioners * Federal Republic of Germany Transparency Register * Public benefit organizations and NGOs at the Department of Social and Solidarity Economy (Poland) * The Foundation Authority (Norway) *Associations and foundations at the Finnish Patent and Registration Office *Registrars of Associations, Charitable Trusts, Endowments, Pledges, Companies (including public ben ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Exemption
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items. Examples include exemption of charitable organizations from property taxes and income taxes, veterans, and certain cross-border or multi-jurisdictional scenarios. A tax exemption is distinct and different from a tax exclusion and a tax deduction, all of which are different types of tax expenditures. A tax exemption is an income stream on which no tax is levied, such as interest income from state and local bonds, which is often exempt from federal income tax. Additionally, certain qualifying non-profit organizations are exempt from federal income tax. A tax exclusion refers to a dollar amount (or proportion of taxable income) that can be legally excluded from the taxable base income prior to a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foundling Hospital
The Foundling Hospital (formally the Hospital for the Maintenance and Education of Exposed and Deserted Young Children) was a children's home in London, England, founded in 1739 by the philanthropy, philanthropic Captain (nautical), sea captain Thomas Coram. It was established for the "education and maintenance of exposed and deserted young children." The word "hospital" was used in a more general sense than it is in the 21st century, simply indicating the institution's "hospitality" to those less fortunate. Nevertheless, one of the top priorities of the committee at the Foundling Hospital was children's health, as they combated smallpox, fevers, Tuberculosis, consumption, dysentery and even infections from everyday activities like teething that drove up mortality rates and risked epidemics. With their energies focused on maintaining a disinfected environment, providing simple clothing and fare, the committee paid less attention to and spent less on developing children's educatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Almshouse
An almshouse (also known as a bede-house, poorhouse, or hospital) is charitable housing provided to people in a particular community, especially during the Middle Ages. They were often built for the poor of a locality, for those who had held certain jobs, or their widows, and for elderly people who could no longer pay rent. They are generally maintained by a charity or the trustees of a bequest. " Alms" are, in the Christian tradition, money or services donated to support the poor and indigent. Almshouses were originally formed as extensions of the church system and were later adapted by local officials and authorities. History Many almshouses are European Christian institutions though some are secular. Almshouses provide subsidised accommodation, often integrated with social care resources such as wardens. England Almshouses were established from the 10th century in Britain, to provide a place of residence for poor, old, and distressed people. They were sometimes called b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Voluntary Association
A voluntary group or union (also sometimes called a voluntary organization, common-interest association, association, or society) is a group of individuals who enter into an agreement, usually as volunteers, to form a body (or organization) to accomplish a purpose. Common examples include trade associations, trade unions, learned societies, professional associations, and environmental groups. All such associations reflect freedom of association in ultimate terms (members may choose whether to join or leave), although membership is not necessarily voluntary in the sense that one's employment may effectively require it via occupational closure. For example, in order for particular associations to function effectively, they might need to be mandatory or at least strongly encouraged, as is true of trade unions. Because of this, some people prefer the term common-interest association to describe groups which form out of a common interest, although this term is not widely used or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
York
York is a cathedral city in North Yorkshire, England, with Roman Britain, Roman origins, sited at the confluence of the rivers River Ouse, Yorkshire, Ouse and River Foss, Foss. It has many historic buildings and other structures, such as a York Minster, minster, York Castle, castle and York city walls, city walls, all of which are Listed building, Grade I listed. It is the largest settlement and the administrative centre of the wider City of York district. It is located north-east of Leeds, south of Newcastle upon Tyne and north of London. York's built-up area had a recorded population of 141,685 at the 2021 United Kingdom census, 2021 census. The city was founded under the name of Eboracum in AD 71. It then became the capital of Britannia Inferior, a province of the Roman Empire, and was later the capital of the kingdoms of Deira, Northumbria and Jórvík, Scandinavian York. In the England in the Middle Ages, Middle Ages it became the Province of York, northern England ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mutual Organization
A mutual organization, also mutual society or simply mutual, is an organization (which is often, but not always, a company or business) based on the principle of mutuality and governed by private law. Unlike a cooperative, members usually do not directly contribute to the capital of the organization, but derive their right to profits and votes through their customer relationship. A mutual exists with the purpose of raising funds from its membership or customers (collectively called its ''members''), which can then be used to provide common services to all members of the organization or society. A mutual is therefore owned by, and run for the benefit of, its members – it has no external shareholders to pay in the form of dividends, and as such does not usually seek to maximize and make large profits or capital gains. Mutuals exist for the members to benefit from the services they provide and often do not pay income tax. Surplus revenue made will usually be re-invested in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
England
England is a Countries of the United Kingdom, country that is part of the United Kingdom. It is located on the island of Great Britain, of which it covers about 62%, and List of islands of England, more than 100 smaller adjacent islands. It shares Anglo-Scottish border, a land border with Scotland to the north and England–Wales border, another land border with Wales to the west, and is otherwise surrounded by the North Sea to the east, the English Channel to the south, the Celtic Sea to the south-west, and the Irish Sea to the west. Continental Europe lies to the south-east, and Ireland to the west. At the 2021 United Kingdom census, 2021 census, the population was 56,490,048. London is both List of urban areas in the United Kingdom, the largest city and the Capital city, capital. The area now called England was first inhabited by modern humans during the Upper Paleolithic. It takes its name from the Angles (tribe), Angles, a Germanic peoples, Germanic tribe who settled du ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gentlemen's Club
A gentlemen's club is a private social club of a type originally established by males from Britain's upper classes starting in the 17th century. Many countries outside Britain have prominent gentlemen's clubs, mostly those associated with the British Empire such as the Royal Society in London set up in 1660. The form spread to other parts of the Empire such as Australia, India, Ireland, Pakistan, and Bangladesh. There are also many similar clubs in major American cities, especially the older ones. The gentlemen’s club in Moscow (Angliyskoye sobranie, rus. Английское собрание), founded approximately in 1772, was the centre of noble social and political life in the 18th-19th centuries, and largely determined public opinion. By their nature gentlemen's clubs were often founded by, and created and reinforced, old boy networks. A typical club contains a bar, a library, one or more parlours for reading, gaming, or socializing, a billiard room, and a formal din ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
