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JEWISH FEDERATION OF GREATER VANCOUVER Vancouver, B.C. FINANCIAL STATEMENTS March 31, 2019Baker Tilly WM LLP 900 400 Burrard Street Vancouver, British Columbia Canada V6C 3B7 T: +1 604.684.6212 F:
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What is a charitable organization?
A charitable organization is a nonprofit entity that is established for purposes that are beneficial to the public, such as charitable, religious, educational, or scientific activities.
Who is required to file a charitable organization?
Organizations that qualify as charitable under IRS rules and operate as tax-exempt entities in the United States are required to file for recognition of exemption and report their financial activities.
How to fill out a charitable organization?
To fill out a charitable organization application, typically IRS Form 1023 or Form 1023-EZ is used, which requires information about the organization's structure, mission, governance, and financial data.
What is the purpose of a charitable organization?
The purpose of a charitable organization is to provide a public benefit by addressing social issues, supporting community needs, and offering assistance to those in need.
What information must be reported on a charitable organization?
Charitable organizations must report information about their activities, financial status, governance, tax-exempt status, and how they use their funds on their annual IRS Form 990.
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