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The Disabled Veterans National Foundation has provided $1 million in aid for nearly 23,000 veterans in six states. The foundation sent goods to centers in California, Houston, Knoxville, and Kansas City including spring water, men's shirts, bananas, paper towels and work gloves. [4]
The program proved long-lasting and highly successful, both in bringing in donations and employing veterans in manufacture. By 1952, 350 people were employed in the endeavor, which brought in over $2 million a year in donations. [3] Meanwhile, the number of disabled veterans had been increased by the still-ongoing Korean War. [5]
Donor-advised funds do reap a significant cost advantage (foundations carry a 2.5–4% of assets overhead expense to maintain, a 1–2% excise tax on NET investment earnings and a required 5% spending of assets each year) but may also have one more drawback: a limited lifetime, although this varies depending on the sponsor.
An organization must meet certain requirements set forth in the code. Some organizations must also file a request with the Internal Revenue Service to gain status as a tax-exempt non-profit charitable organization under section 501(c)(3) of the tax code. A non-exhaustive list of organizations that may meet the Federal requirements are as follows:
Dav Pilkey: Offensive language, unsuited for age group, violence 1997–2015 2 13 — Carrie: Stephen King: Violence, anti-religious themes, sexual themes 1974 — — 81 Cat's Cradle: Kurt Vonnegut: Language, animal abuse, anti-religious themes, and scatological humor 1963 — — — Catch-22: Joseph Heller: Obscene language 1961 — — —
The Department of Defense Activity Address Code (DoDAAC) is a six position code that uniquely identifies a Department of Defense unit, activity, or organization that has the authority to requisition, contract for, receive, have custody of, issue, or ship DoD assets, or fund/pay bills for materials and/or services. The first positions of the ...