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Posts tagged ‘Inc.’

29
Mar

Where does $1 to the Arthritis Foundation go?

The Arthritis Foundation, Inc. (AF) is a 501 (c)(3) whose mission is to improve the lives of those suffering from arthritis through advocacy (lobbying for access to treatment and medications), program services, community programs, professional education, and supporting research.

Based in Atlanta, Georgia, AF has a national office (a not-for-profit Georgia corporation) and chartered entities (offices in virtually every state which serves local communities) throughout the United States which are separate 501 (c)(3)’s and consequently, file separate 990’s. Beginning in 2014, AF started consolidating the chartered entities into the national office to obtain economies of scale and centralize certain administrative functions. Read more »

9
Feb

Where does $1 to the American Heart Association Go?

Heart disease is the number one cause of death in the United States with more than 600,000 people succumbing annually to this preventable and treatable disease in the US. Although advances in medicine have contributed to both an overall decrease in the annual number of deaths (860,000 in 1950) and the number of deaths per 100,000 population (589 sixty-five years ago compared to 170 in 2013) since 1950, the country’s biggest killer is hard to tame. Medical and pharmaceutical research along with information garnered from studies on diet and exercise have greatly contributed to this improvement but we still have a long way to go. Read more »

11
Nov

Where does your $1 to World Vision go?

World Vision – a Christian humanitarian organization – is one of the most complicated charitable entities to understand because many people believe that World Vision is one entity when in fact, there are many “World Vision” organizations under the legal umbrella of World Vision International (WVI) which was established in 1977 as a non-profit religious organization in California but whose executive offices are in England.

Because WVI is a “church,” they are not required to file the IRS Form 990 filed by most US-registered tax-exempt organizations although two of their subsidiaries – the US fundraising affiliate –World Vision, Inc. (WV Inc) which was established in 1950 – and the microfinance affiliate – VisionFund International – file a form 990 for the “benefit of its US donors.” Read more »