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The Buck Institute for Research on Aging [1] is an independent biomedical research institute that researches aging and age-related disease. [2] The mission of the Buck Institute is to extend the healthy years of life. The Buck Institute is one of nine centers for aging research of the Glenn Foundation for Medical Research. [3]
The foundation, which existed from 1989 to 2016, also provided grant support to educational institutions, libraries, and other nonprofit organizations in support of education. Eva Buck, wife of former United States congressman Frank H. Buck , started the foundation as the Solano Foundation in 1989 and chose the first two scholarship recipients.
A 501(c)(3) organization is allowed to conduct some or all of its charitable activities outside the United States. [64] [65] A 501(c)(3) organization is allowed to award grants to foreign charitable organizations if the grants are intended for charitable purposes and the grant funds are subject to the 501(c)(3) organization's control. [66]
Page from the Congressional Record containing a transcript of the passage of the amendment. Paragraph (3) of subsection (c) within section 501 of Title 26 (Internal Revenue Code) of the U.S. Code (U.S.C.) describes organizations which may be exempt from U.S. Federal income tax. 501(c)(3) is written as follows, [4] with the Johnson Amendment in bold letters: [5]
The Mary Ferrell Foundation, named for Mary Elizabeth McHughes Ferrell (26 October 1922 – 20 February 2004), is a non-profit, [5] located in Ipswich, Massachusetts.Topics include the 1960s assassinations, [6] [7] the Watergate scandal, and post-Watergate intelligence abuse.
The legal activities of the Foundation are funded by charitable donations. The organization qualifies as a tax-exempt charitable foundation under section 501(c)(3) of the Internal Revenue Code. [3] The Foundation is headed by President Mark Mix. The legal activities are headed by Vice President and Legal Director, Raymond J. LaJeunesse Jr. [4]
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If the organization purpose is one of those described in §501(c)(3) of the Internal Revenue Code, [3] it may apply for a ruling that donations to it are tax deductible to the persons or business entities who make them. The organization itself will be exempt from taxation as long as it does not engage in unrelated business activities.