Under tax rules, private foundations are required to make grants and other distributions each year to further the foundation's
charitable purpose.
Undertake an audit of all charitable assets, manage these on a separate register and make publicly available the extant deeds and or other documents relating to the transfer of land and property to the Council for
charitable purposes.
THE FLOW OF MONEY FROM HSF TO PHYSICIANS TOTALLY UNDERMINED THE
CHARITABLE PURPOSE FOR WHICH HSF WAS CREATED UNDER ITS OWN ARTICLES.
A nonprofit health care provider that accepts reimbursement from private insurers and from the government is entitled to a
charitable purpose tax exemption when its property is used to provide healthcare regardless of patients' ability to pay.
ElderTrust's articles of incorporation required it to be operated exclusively for
charitable purposes and to acquire, own, maintain and operate hospitals, nursing homes and related health-care facilities, including retirement housing for elderly persons.
Impacts funds set aside for
charitable purposes (except in limited cases);
Total disbursements for
charitable purposes, which are outlays that foundations make exclusively in support of their tax-exempt purposes, doubled between Tax Years 1993 and 2002.
The Restatement provides guidance and rationale as to what courts may or may not regard as legitimate
charitable purposes and what are appropriate applications of the cy pres doctrine.
The objective is to establish whether charitable funds were correctly used for
charitable purposes.
Supreme Court upheld a New York law providing a tax exemption for property used for religious, educational or
charitable purposes.
A statement from the commission said: "We need to find out whether funds were applied for
charitable purposes.
