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In 2010, KFF began providing resources for consumers seeking information about the then new health insurance law, the Patient Protection and Affordable Care Act with a series of animated videos [7] explaining the health law and health insurance terms as well as a calculator [8] for people to estimate what health insurance coverage would cost them.
Tips for Charitable Giving One of the most effective forms of philanthropy is the charitable trust. This is an entity you set up to help manage long-term donations .
A mutual-benefit corporation can be non-profit or not-for-profit in the United States, but it cannot obtain IRS 501(c)(3) non-profit status as a charitable organization. [1] It is distinct in U.S. law from public-benefit nonprofit corporations, and religious corporations. Mutual benefit corporations must still file tax returns and pay income ...
An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. [ 1 ] [ 2 ] These are long-term policies, often designed to repay a mortgage loan, with typical maturities between ten and thirty years within certain age limits.
A key provision of UPMIFA states that: "Subject to the intent of a donor expressed in the gift instrument an institution may appropriate for expenditure or accumulate so much of an endowment fund as the institution determines is prudent for the uses, benefits, purposes, and duration for which the endowment fund is established. [7]
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