Charitable status and Controlled disbursement: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
 
imported>Doug Williamson
(Layout.)
 
Line 1: Line 1:
Charitable status means the legal privileges enjoyed by an organisation which conforms to the regulations set out in charity law and other relevant laws.
A cash management service that provides same-day notification, usually by early or mid-morning, of the cash amount of cheques that will clear against the controlled disbursement account that day.
 
For example, the Charities Act in the UK.
 
 
Organisations with charitable status cannot use their assets for any purposes other than pursuing their charitable objectives.
 
 
In return charities normally enjoy:
*Preferential tax treatment and tax reliefs.
*Eligibility to apply for certain sources of grant funding.




== See also ==
== See also ==
* [[Credit union]]
* [[Disbursement]]
* [[Grant]]
* [[Housing association]]
* [[Mutual]]
* [[Not-for-profit]]
* [[Profit]]
* [[Third sector]]

Revision as of 15:31, 17 June 2016

A cash management service that provides same-day notification, usually by early or mid-morning, of the cash amount of cheques that will clear against the controlled disbursement account that day.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Charitable_status&oldid=11401’