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Bahasa Indonesia: Undang-Undang Republik Indonesia Nomor 13 Tahun 2019 tentang Perubahan Ketiga atas Undang-Undang Nomor 17 Tahun 2014 tentang Majelis Permusyawaratan Rakyat, Dewan Perwakilan Rakyat, Dewan Perwakilan Daerah, dan Dewan Perwakilan Rakyat Daerah
The Job Creation Act (Indonesian: Undang-Undang Cipta Kerja), officially Act Number 11/2020 on Job Creation (Undang-Undang Nomor 11 Tahun 2020 Tentang Cipta Kerja, or UU 11/2020), is a bill that was passed on 5 October 2020 by Indonesia's House of Representatives, with the aim of creating jobs and raising foreign and domestic investment by reducing regulatory requirements for business permits ...
Bahasa Indonesia: Undang-Undang Republik Indonesia Nomor 11 Tahun 2021 tentang Perubahan atas Undang-Undang Nomor 16 Tahun 2004 tentang Kejaksaan Republik Indonesia English: Law of the Republic of Indonesia Number 11 of 2021
Bahasa Indonesia: Undang-Undang Republik Indonesia Nomor 9 Tahun 2016 tentang Pencegahan dan Penanganan Krisis Sistem Keuangan English: Law of the Republic of Indonesia Number 9 of 2016 Date
A foundation (also referred to as a charitable foundation) is a type of nonprofit organization or charitable trust that usually provides funding and support to other charitable organizations through grants, while also potentially participating directly in charitable activities.
In 2001, tobacco heir Putera Sampoerna established the Putera Sampoerna Foundation (PSF). PSF is chaired by Michelle Sampoerna. As of a 2012 press release, PSF has disbursed more than 34,600 scholarships, organized workshops for more than 19,000 teachers and headmasters, and adopted 23 public schools and 5 Islamic elementary schools ().
In a non-profit corporation, the "agency problem" is even more difficult than in the for-profit sector, because the management of a non-profit is not even theoretically subject to removal by the charitable beneficiaries. The board of directors of most charities is self-perpetuating, with new members chosen by vote of the existing members.
A private foundation is a tax-exempt organization that does not rely on broad public support and generally claims to serve humanitarian purposes. [1] [2] [3]Unlike a charitable foundation, a private foundation does not generally solicit funds from the public or have the legal requirements and reporting responsibilities of a registered non-profit or charitable foundation. [4]