October 2018
Intermediate to advanced
400 pages
9h 20m
English
Content preview from Relationship Management in Banking
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Charity or not-for-profit organization A legal structure where the organization does not earn profits for its owners. All of the money earned by or donated to it is used in pursuing the organization’s objectives.
There are a number of advantages to registering as a charity:
- registered charities can claim back tax paid by donors, using schemes such as Gift Aid or payroll giving (ie Give As You Earn);
- many charitable foundations will only donate to registered charities;
- charitable status enhances the credibility of the organization when asking for donations from the public.
A disadvantage of registration is the bureaucracy involved. Charities need to send regular (usually on an annual basis) information to the Charity Commission and conform ...
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