a corporation that both receives and dispenses charity
An example of an eleemosynary corporation is the American Red Cross. This organization operates as a nonprofit, providing humanitarian aid and disaster relief services without the intent of making a profit. Its activities are funded through donations, grants, and volunteer efforts, reflecting its mission to support those in need.
Eleemosynary corporations are nonprofit organizations established for charitable purposes. Examples include charities like the Red Cross, educational institutions like Harvard University, and religious organizations such as the Salvation Army. These entities primarily focus on providing support, relief, and services to the community rather than generating profit.
During difficult financial times, the city's soup kitchens were able to stay open due to the eleemosynary contributions of an anonymous donor.
Charity begins at home.
The address of the Alabama Mens Hall Of Fame An Eleemosynary Corp is: 1125 E Collinwood Cir, Opelika, AL 36801-2703
charitable; benevolent; benevolence; freehearted; generous; eleemosynary; gifting; bighearted; bounteous; APPELLATION
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The genre of the play "Eleemosynary" is drama. Written by Lee Blessing, it explores themes of family dynamics, the complexities of relationships, and the impact of personal choices across generations. The play combines elements of comedy and poignant moments, focusing on the lives of three women: a grandmother, mother, and daughter. Its character-driven narrative delves into their struggles and connections, making it a compelling piece of contemporary theater.
A Delaware corporation would be a corporation that is incorporated in the state of Delaware.
To determine if your corporation is an S corporation or a C corporation, you need to check with the IRS. S corporations have specific eligibility requirements and must file Form 2553 to elect S corporation status. C corporations are the default classification for corporations that do not elect S corporation status.
Dividends are income to the receiving corporation. If it is a sub-chapter S corporation, it is income to the shareholders, as is any other income of the corporation.
Bondholders are creditors of a corporation; they have loaned the corporation money and received bonds as evidence of the corporation's. Stockholders, both common and preferred, are owners of a corporation. (STOCKHOLDERS ARE NOT THE CREDITOR)