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Tax-Exempt Bonds

Tax-Exempt Bonds
Author:
Publisher: DIANE Publishing
Total Pages: 72
Release: 1993-05
Genre:
ISBN: 9781568064451

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Reviews the extent to which charitable organizations use tax-exempt bonds for housing the elderly, identifies the characteristics of the housing facilities and residents, and determines the extent to which and reasons why housing facilities default on their tax-exempt bonds. Graphs and charts.


Tax-exempt Foundations and Charitable Trusts

Tax-exempt Foundations and Charitable Trusts
Author: United States. Congress. House. Select Committee on Small Business
Publisher:
Total Pages: 342
Release: 1962
Genre: Charitable uses, trusts, and foundations
ISBN:

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Tax-exempt Bonds

Tax-exempt Bonds
Author: United States. General Accounting Office
Publisher:
Total Pages: 76
Release: 1991
Genre: Institutional care
ISBN:

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Individual retirement arrangements (IRAs)

Individual retirement arrangements (IRAs)
Author: United States. Internal Revenue Service
Publisher:
Total Pages: 284
Release: 1990
Genre: Individual retirement accounts
ISBN:

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Tax-Exempt Bonds

Tax-Exempt Bonds
Author: U S Government Accountability Office (G
Publisher: BiblioGov
Total Pages: 76
Release: 2013-06
Genre:
ISBN: 9781289032388

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Pursuant to a congressional request, GAO reviewed the: (1) extent to which charitable organizations used tax-exempt bonds to finance elderly housing; (2) characteristics of the housing facilities and the residents; and (3) extent to which and reasons why housing facilities defaulted on their tax-exempt bonds. GAO found that: (1) from 1980 through 1990, charitable organizations issued 271 tax-exempt bonds totalling $2.8 billion to finance 221 elderly housing facilities; (2) about half of those bonds represented about 90 percent of the construction, expansion, and furnishings costs; (3) monthly and entrance fees varied depending upon the amount of debt, resident's choice of living arrangements, health care and assistance, and amenities; (4) 75 percent of the facilities housed residents with average incomes greater than $15,000, about 27 percent of the nation's elderly, but it was unrealistic to expect that similar projects financed solely by bonds would be available to the majority of elderly persons with incomes below $15,000; (5) bond subsidies could encourage charitable organizations to assist elderly persons who can not afford private, for-profit units; (6) between 1980 and 1989, the overall default rate for retirement center bonds was about 20 percent, and about 1 percent for selected revenue bonds; (7) studies of defaulted projects indicated that the facilities were highly debt-financed and the bonds' interest rates were high; (8) inadequate financial structures coupled with inexperienced developers and overestimated market projections made many facilities vulnerable to defau


Invest in Charity

Invest in Charity
Author: Ron Jordan
Publisher: John Wiley & Sons
Total Pages: 263
Release: 2002-04-08
Genre: Business & Economics
ISBN: 0471217379

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A Complete Guide to Personal Philanthropy Are you one of the newly wealthy with an interest in "giving back". . . an heir to money you'd like to share with a favorite cause .. . or simply someone who would like to do good in your community?There are more opportunities than ever for people of everyfinancial station to make a difference through charitable giving.But how do you choose among the many options available, and how doyou know which type of gift is best for you? Invest in Charity: A Donor's Guide to Charitable Giving will teachyou everything you need to know to devise and follow an effectivecharitable giving plan. It explains how to find the right charity;understand the tax, estate, and financial considerations; andselect a gift-whether it's a one-time cash gift or a lifelongannuity. Covering everything from researching the legitimacy of anonprofit organization to navigating the tax and estate laws thatapply to you, this guide will help you make your bequest withcomplete confidence that it's right for your charity and for you.


United States Code

United States Code
Author: United States
Publisher:
Total Pages: 1506
Release: 2013
Genre: Law
ISBN:

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"The United States Code is the official codification of the general and permanent laws of the United States of America. The Code was first published in 1926, and a new edition of the code has been published every six years since 1934. The 2012 edition of the Code incorporates laws enacted through the One Hundred Twelfth Congress, Second Session, the last of which was signed by the President on January 15, 2013. It does not include laws of the One Hundred Thirteenth Congress, First Session, enacted between January 2, 2013, the date it convened, and January 15, 2013. By statutory authority this edition may be cited "U.S.C. 2012 ed." As adopted in 1926, the Code established prima facie the general and permanent laws of the United States. The underlying statutes reprinted in the Code remained in effect and controlled over the Code in case of any discrepancy. In 1947, Congress began enacting individual titles of the Code into positive law. When a title is enacted into positive law, the underlying statutes are repealed and the title then becomes legal evidence of the law. Currently, 26 of the 51 titles in the Code have been so enacted. These are identified in the table of titles near the beginning of each volume. The Law Revision Counsel of the House of Representatives continues to prepare legislation pursuant to 2 U.S.C. 285b to enact the remainder of the Code, on a title-by-title basis, into positive law. The 2012 edition of the Code was prepared and published under the supervision of Ralph V. Seep, Law Revision Counsel. Grateful acknowledgment is made of the contributions by all who helped in this work, particularly the staffs of the Office of the Law Revision Counsel and the Government Printing Office"--Preface.


Charitable Gift Planning

Charitable Gift Planning
Author: Thomas J. Ray (Jr.)
Publisher: American Bar Association
Total Pages: 876
Release: 2007
Genre: Business & Economics
ISBN: 9781590318782

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When Congress passed the Pension Protection Act of 2006, they created what may be the most significant reform to charitable planning since the Tax Reform Act of 1969. This practice-focused book is now fully updated to explain the legislation's impact on all aspects of charitable planning. It provides clear and insightful explanations of all relevant tax law, financial considerations, and includes drafting guidelines, and forms to assist with clients' charitable giving needs as part of a comprehensive estate and financial plan. Includes drafting guides and sample forms on CD-ROM.