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EBACE
European Business Aviation Association (abbr. EBAA) is a non-profit association based in Belgium founded in 1977. Its more than 700 member companies cover all aspects of the business aviation sector worldwide. The EBAA's aim is to promote excellence and professionalism among its members and to ensure that aviation is properly recognized as a vital sector of the European Economy. EBArepresentscorporate operators, commercial operators, manufacturers, airports, fixed-base operators, and business aviation service providers. History ;1977 Dr. Frits Philips of NV Philips and François Chavatte, head of IBM Flight Department in Europe, founded the International Business Aviation Association (Europe), set up in Eindhoven, the Netherlands, with 12 founding members. ;1984 Recognizing that Brussels was the strategic place to be, the Association moved to Belgium and became known as the EBAA (European Business Aviation Association). Membership amounted at that time to 49. ;2001 Together wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Not-for-profit
A not-for-profit or non-for-profit organization (NFPO) is a Legal Entity, legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives. While not-for-profit organizations and Nonprofit organization, non-profit organizations (NPO) are distinct legal entities, the terms are sometimes used interchangeably. An NFPO must be differentiated from a NPO as they are not formed explicitly for the Public good (economics), public good as an NPO must be, and NFPOs are considered "recreational organizations", meaning that they do not operate with the goal of generating revenue as opposed to NPOs. Functions An NFPO does not have the same obligation as an NPO to serve the public good, and as such it may be used to apply for Tax exemption, tax-exempt status as an organization that serves its members and does not have the goal of generating profit. An example of this is a sports club, which exists for the enjoyment of its members and thus wou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |