Private benefit definition

Private benefit means a financial benefit, a personal benefit or furthering a private interest (and includes the avoidance of a negative consequence) other than a financial benefit, a personal benefit or a private interest that;

Private benefit means a direct or indirect benefit not shared by the general public that could be reasonably expected to impair a Commissioner’s objectivity or independent judgment.

Private benefit means "non-incidental benefits conferred on disinterested persons that serve private interests." As defined in the Tax Court ruling, American Campaign Academy v. Commissioner, 92 TC 1053 (1989)

Examples of Private benefit in a sentence

• Private benefit = private ownership □ □ □ Methods, procedures and guarantees, including appropriate documentation, that the facilities will be perpetually maintained so as to function as designed and not result in nuisances or health hazards 15.

• Private benefit and inurement questions might be raised if the 501(c)(3) organization has lost its ability to make independent charitable decisions.

• While running the project, he can consume private benefits in the amount B also with probability q.15 Private benefit extraction comes at the expense of cash flows reducing them, for simplicity, to 0.

• The Charity Commission guidance on Public Benefit and Private benefit is quite extensive and it is not expected that Trustees will have read all of it “from cover to cover”.

• Private benefit is incidental when it is a by-product of the provision of benefit in pursuit of a charity’s purpose and not a purpose of the charity itself.

• For example, Pricewaterhouse Cooper (2006) estimated that climate change adaptation would contribute to around a half of the total annual benefits, roughly EUR 14 billion.3.2.2 Private benefit studies Compared to public benefit studies, there is a wide field of private benefit studies; however they differ in their industrial, geographical and methodological scope.

• Private benefit, especially private financial gain, must be incidental to the project.

• From 2009- 2012 there has been an increase of 19.3% in Maori attaining NCEA Level 2 (Ministry of Education, 2014d).

• These are discussed below under four broad groupings:• Private benefit versus the publicinterest:Funded via private sector fund- ing, Improvement Districts afford businesses and property owners an opportunity to respond proac-tively and positively to shrinking State budgets.

• Decision How itaffects othersCost or benefit Market failure (misallocation ofresources)Terms applied to this type of market failureA firm uses a pesticide thatDownstream Private benefit, Overuse of pesticide andNegative external effect,runs off into waterwaysdamageexternal costoverproduction of the crop for which it is usedenvironmental spillover Figure 12.3 Market failure: Water pollution.

More Definitions of Private benefit

Private benefit means “the receipt by the public official, public member or public employee of a gift which resulted from his holding that office.” Id. section 9-13-103(b).

Private benefit means either of the following:

Private benefit means a financial or personal benefit (which includes the avoidance of a negative consequence) other than a financial or personal benefit that is:

Private benefit means either (1) An improvement required as a means of meeting mitigation requirements associated with a project, or (2) An enhancement or improvement where an individual or group of individuals can be identified as beneficiaries.

Private benefit means that the possessor has the opportunity to make a profit, or to use or be