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Airline Ambassadors International (AAI) is a registered 501(c)(3) non-profit organization based in Arlington, Virginia and founded by American Airlines flight attendant Nancy Rivard in 1996 [1] as a form of volunteer tourism.
In the aftermath of the attack, the American Red Cross' Liberty Fund amassed $547 million in donations. The charitable organization halted the collection of donations in October 2001, announcing that the monies pledged would be enough to cover immediate and longterm efforts to support the victims of the attack. [3]
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:
(This Jan. 9 story has been corrected to remove a reference to the size of American Airlines donation in paragraph 4) By David Shepardson. WASHINGTON (Reuters) - Boeing is donating $1 million to U ...
Local United Way organizations are accepting donations to help relief efforts for both short-term and to to continue helping residents later. You can find your local chapter on the organization's ...
As of January 2018, the application for recognition of exemption as a 501(c)(4) organization is a new form, Form 1024-A, rather than Form 1024. [ 66 ] [ 67 ] Between 2010 and 2017, the number of 501(c)(4) organizations dropped from almost 140,000 to fewer than 82,000. [ 18 ]
American Airlines Group, Inc. (NASDAQ: AAL) and JetBlue Airways Corporation (NASDAQ: JBLU) said Thursday morning that they had formed a strategic partnership to give customers in the Northeast ...
Donations made to 501(c)(3) organizations are typically tax-deductible for the donors, meaning individuals and businesses can claim those donations as deductions on their tax returns, subject to certain limitations. This tax benefit encourages charitable giving. In contrast, donations made to 501(c)(4) organizations are not generally tax ...