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If a charitable organization folds, its remaining funds and assets are typically distributed to other charitable organizations with similar missions. This process is overseen by the organization's board of directors or a court-appointed receiver to ensure the funds are used for charitable purposes.

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1y ago

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Who raised funds for displaced Kashmiri migrants and the victims of Latur earthquake with the extensive tour of her play Tumhari Amrita?

Shabana Azmi raised funds for displaced Kashmiri migrants and the victims of Latur earthquake through an extensive tour of her play "Tumhari Amrita." The play was a two-character epistolary play between Azmi and Farooq Sheikh, and the funds raised from the performances were used for charitable causes.


What happens to a Canadian riff when owner dies?

When a Canadian RRIF owner dies, the RRIF funds are usually paid out to the beneficiary named by the deceased owner. The beneficiary can choose to receive the funds as a lump sum, periodic payments, or transfer the RRIF funds to their own RRIF if they are a qualified beneficiary. Taxes may be owed on the RRIF funds depending on the beneficiary's relationship to the deceased owner and the amount of the funds.


Who was involved in the so called affiar of the alms bag?

The "affair of the alms bag" refers to a scandal involving the Catholic Church in the late 19th century, particularly focusing on the actions of certain clergy regarding the handling of church funds. Key figures included Bishop of La Rochelle, who was accused of financial mismanagement and impropriety related to charitable funds. The scandal raised significant concerns about transparency and accountability within the church.


What happens at a fundraiser?

At a fundraiser, individuals or organizations raise money for a particular cause or charity through donations, sponsorships, or ticket sales. Various activities such as auctions, raffles, performances, or speeches are often organized to encourage participation and support for the cause. The funds collected are used to help support the mission and goals of the organization or to provide assistance to those in need.


What are capital appreciation funds also called?

Aggressive growth funds are also known as capital appreciation funds

Related Questions

How must a charity organization work?

A charitable organization must use its resources carefully. Funds spent to aid education, as an example, must show that the aid is helping what the funds were given to do. If education is not improved by the charitable donations, then the idea must be reviewed as to why the purpose is not working. Also, as an organization, the funds a charity receives from the public and from government must be used to a large extent of helping the cause for which the charity exists. If too much money is used to pay charity employees this is not good and may invite a government investigation.


What impact did the Red Cross scandal have on public trust in charitable organizations?

The Red Cross scandal had a negative impact on public trust in charitable organizations. The misuse of funds and lack of transparency eroded confidence in the organization and raised concerns about the integrity of other charities.


What is the activity of charitable organization?

The activity of a charitable organization typically involves raising funds and resources to support a specific cause or community need. This can include providing services, conducting educational programs, or distributing aid to individuals in need. Charitable organizations often focus on areas such as poverty alleviation, healthcare, education, and environmental conservation. They engage in outreach, advocacy, and partnerships to maximize their impact and promote social change.


What does the ansar temple aaonms do?

The Ansar Temple A.A.O.N.M.S is a fraternity organization affiliated with the Shriners. The group focuses on charitable work, community service, and fostering brotherhood among its members. They often raise funds to support Shriners Hospitals for Children and other charitable causes.


Who funds SPCA?

the gov't funds this organization.


How can I make an IRA gift to charity?

To make an IRA gift to charity, you can directly transfer funds from your IRA to a qualified charitable organization. This can help you support a cause you care about while potentially reducing your taxable income.


How can I use my IRA for charitable contributions?

You can use your IRA for charitable contributions by making a qualified charitable distribution directly from your IRA to a qualified charity. This allows you to donate funds to charity without incurring taxes on the distribution.


How can I make tax-free charitable donations from my IRA?

You can make tax-free charitable donations from your IRA by directly transferring funds to a qualified charity. This is known as a Qualified Charitable Distribution (QCD) and can help you meet your charitable goals while reducing your taxable income.


What is a charitable trust?

A charitable trust is a trust set up to benefit a charity. The donor can receive income from the trust until their death and remaining funds go to the charity


A charitable trust is usually governed by?

The attorney general of many states have the power to monitor anyone holding funds intended for "charitable purposes." This is the charitable trust, and may be administered by rules of the AG's office and by various state laws. A charitable remainder trust would be a different animal.


How can I make charitable contributions from my IRA?

You can make charitable contributions from your IRA by directly transferring funds to a qualified charity. This is called a Qualified Charitable Distribution (QCD) and can help you support causes you care about while potentially reducing your taxable income.


How can I make charitable donations from my IRA?

You can make charitable donations from your IRA by directly transferring funds to a qualified charity. This is called a Qualified Charitable Distribution (QCD) and can help you support causes you care about while potentially reducing your taxable income.