Foreign Charities definition

Foreign Charities means those charities that are formed under the laws of foreign countries or which consist of members who are foreign nationals or are controlled by foreign nationals or receive funds from foreign sources (Article 2, sub-art.4 of the CSP)
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Foreign Charities means those charities that are formed under the laws of foreign countries or which consist of members who are foreign nationals or are controlled by foreign nationals or receive funds from foreign sources”44. While the recognition of the different ways of incorporation is appreciable, the major flow of the CSP is the unprecedented classification of the Ethiopian Charities and Societies on the ground of their source of income.This classification has two major implications.45 First, whereas the legislation allows Ethiopian Charities or Societies to engage in any of the charitable purposes enumerated above, it nonetheless bans Ethiopian Resident Charities and Societies as well as Foreign Charities from undertaking the following charitable purposes: the advancement of human and
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Foreign Charities means those charities that are formed under the laws of foreign countries or which consist of members who are foreign nationals or are controlled by foreign nationals or receive funds from foreign country sources.This means that if either criterion applies, the organization is considered a “Foreign Charity.”23 Accordingly, an organization receiving more than 10% of its funds from a foreign source could be classified as foreign charity even if all its members are Ethiopians and it is controlled by Ethiopians and consequently shall be denied Ethiopian corporate citizenship.
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Examples of Foreign Charities in a sentence

  • Upon request, COMPANY shall provide all account background information, including without limitation any and all contracts, invoices, and correspondence between COMPANY and the account debtor.

  • Comm’n, Comm’n Requests Belgium to End Discrimination Against Foreign Charities (Dec.

  • Comm’n, Comm’n Re- quests Ireland and Poland to End Discrimination of Foreign Charities (Oct.

  • Reilly, Foreign Activities of Domestic Charities and Foreign Charities, 21, FY 1992 EO CPE Text.

  • Implementation may be also hindered by lack of coordination and communication among CHSA, AABE, Foreign Charities, audit firms, professional associations in insuring compliance to IPSASs. The response also revealed that delay in amendment to the local accounting standard regulations which doesn't allow for smooth transit to IPSAS.

  • Yet, the draft did not change and the government announced that the law did not violate any of the articles in the Ethiopian constitution (Moyo, 2009).The law differentiates between Ethiopian, Ethiopian Resident and Foreign Charities and Societies.

  • Moreover this proclamation categorize the CSO into three groups as "Ethiopian Charities" or “Ethiopian Societies", “Ethiopian Residents Charities” or “Ethiopian Residents Societies” and "Foreign Charities" based on the place of registration, their source of income and composition of members.

  • Article 2(4): Foreign Charities shall mean those charities that are formed under the laws of foreign countries or which consist of members who are foreign nationals or are controlled by foreign nationals or receive funds from foreign country sources.

  • These three forms of associations include (1) Ethiopian Charities or Ethiopian Societies, (2) Ethiopian Residents Charities or Ethiopian Residents Societies, and (3) Foreign Charities.

  • For a detailed discussion of foreign charities or foreign activities of domestic charities and the statutory structure concerning the aforementioned, please see 1992 CPE, Topic K, Foreign Activities of Domestic Charities and Foreign Charities, p.


More Definitions of Foreign Charities

Foreign Charities means those Charities that are formed under the laws of foreign countries or which consist of members who are foreign nationals or are controlled by foreign nationals or receive funds from foreign sources”. Article 2(4) The major difference between charities and societies is that societies are established to protect the interest of their members while charities are set up to serve the public at large or a given social section (such as women, children, the disabled, etc.) rather than their members. In other words, charities are established to pursue altruistic objectives, while societies primarily promote member interests.
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Related to Foreign Charities

  • Foreign cooperative means a corporation organized under laws other than the laws of this state operating on a cooperative basis or a similar basis that is provided in those other laws as a criterion for being a cooperative.

  • Foreign country means a country, including a political subdivision thereof, other than the United States, that authorizes the issuance of support orders and:

  • Foreign terrorist organization means an organization designated as a foreign terrorist organization by the United States secretary of state as authorized by 8 U.S.C. Section 1189.

  • Foreign Investment means any investment made by a person resident outside India on a repatriable basis in capital instruments of an Indian company or to the capital of an LLP;

  • National Road Traffic Act means the National Road Traffic Act, 1996 (Act 93 of 1996);

  • foreign company means any company or body corporate incorporated outside India which—

  • foreign matter means anything that is not part of the cotton plant.

  • Special categories of personal data means information about an individual's racial or ethnic origin, political opinions, religious or philosophical beliefs, trade union membership, health, sex life or sexual orientation and biometric data.

  • Domestic abuse means the following, if committed against a family or household member by a family or household member:

  • foreign national means the following:

  • Payroll Tax Executive Order means the Presidential Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster, as issued on August 8, 2020 and including any administrative or other guidance published with respect thereto by any Taxing Authority (including IRS Notice 2020-65).

  • Export-controlled items means items subject to the Export Administration Regulations (EAR) (15 CFR parts 730-774) or the International Traffic in Arms Regulations [(ITAR)] (22 CFR parts 120-130). The term includes—

  • non-taxable territory means the territory which is outside the taxable territory;

  • goods and services tax practitioner means any person who has been approved under section 48 to act as such practitioner;

  • ITA means the Income Tax Act (Canada), as amended;

  • Covered foreign country means The People’s Republic of China. “Covered telecommunications equipment or services” means–

  • Small Business Enterprise (SBE) means a business that is certified as an SBE under this program or the following similar programs and meeting the below economic thresholds (Section III “Economic Size Standards”).

  • Conventions means the Athens Convention Relating to the Carriage of Passengers and Their Luggage by Sea, 1974, and the Protocols thereto of 1976 and 1990, and, where applicable, the Strasbourg Convention on the Limitation of Liability in Inland Navigation, 1988.

  • Foreign Securities System means an Eligible Securities Depository listed on Schedule B hereto.

  • Economic Sanctions refers to sanctions imposed by the U.S. government in response to Russia’s actions in Ukraine, as well as any sanctions imposed under state law. The EO directs state agencies to terminate contracts with, and to refrain from entering any new contracts with, individuals or entities that are determined to be a target of Economic Sanctions. Accordingly, should the State determine Contractor is a target of Economic Sanctions or is conducting prohibited transactions with sanctioned individuals or entities, that shall be grounds for termination of this agreement. The State shall provide Contractor advance written notice of such termination, allowing Contractor at least 30 calendar days to provide a written response. Termination shall be at the sole discretion of the State.

  • Foreign Clearing Agency means Clearstream and the Euroclear Operator.

  • Domestic sewage means waste and wastewater from humans, or household operations that is discharged to or otherwise enters a treatment works.

  • Economic activities shall in principle include activities of an industrial, commercial and professional character and activities of craftsmen;

  • Foreign Air Carrier means any air carrier which is not a U.S. Air Carrier and which performs maintenance, preventative maintenance and inspections for the Aircraft, Airframe and/or any Engine or engine to standards which are approved by, or which are substantially equivalent to those required by, the Federal Aviation Administration, the Civil Aviation Authority of the United Kingdom, the Direction Generale de l'Aviation Civile of the French Republic, the Luftfahrt Bundesamt of the Federal Republic of Germany, the Rijflauchtraatdienst of the Kingdom of the Netherlands, the Ministry of Transportation of Japan or the Federal Ministry of Transport of Canada (and any agency or instrumentality of the applicable government succeeding to the functions of any of the foregoing entities).

  • Foreign Income Tax means any Tax imposed by any foreign country or any possession of the United States, or by any political subdivision of any foreign country or United States possession, which is an income tax as defined in Treasury Regulation Section 1.901-2, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

  • taxable territory means the territory to which the provisions of this Act apply;