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Charity non-profits face many of the same challenges of corporate governance which face large, publicly traded corporations. Fundamentally, the challenges arise from the "agency problem" - the fact that the management which controls the charity is necessarily different from the people who the charity is designed to benefit. In a non-profit ...
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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 ]
The same public inspection requirement applies to the organization's annual return, namely its Form 990, Form 990-EZ, Form 990-PF, Form 990-T, and Form 1065, including any attachments, supporting documents, and follow-up correspondence with the Internal Revenue Service, with the exception of the names and addresses of donors on Schedule B. [35 ...
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American Cancer Society offices in Washington, D.C.. A charitable organization [1] or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good).
The Texas Lottery Commission was formed via legislation in 1993 to take over management of the Lottery from the Texas Comptroller of Public Accounts; the legislation also gives the Commission oversight of charitable bingo games (moving that duty from the Texas Alcoholic Beverage Commission). [5]: 1993
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