Hailey, a woman who inherits her late billionaire husband's charity and quickly finds that changing the world is far less glamorous than she had imagined.
Status: In Development
Runtime: 30 minutes
Charity Case - Charitable organization - Netflix
A charitable organization or charity is a non-profit organization (NPO) whose primary objectives are philanthropy and social well-being (e.g. charitable, educational, religious, or other activities serving the public interest or common good). The legal definition of a charitable organisation (and of charity) varies between countries and in some instances regions of the country. The regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of its funds to profit individual persons or entities. Financial figures (e.g. tax refund, revenue from fundraising, revenue from sale of goods and services or revenue from investment) are indicators to assess the financial sustainability of a charity, especially to charity evaluators. This information can impact a charity's reputation with donors and societies, and thus the charity's financial gains. Charitable organisations often depend partly on donations from businesses. Such donations to charitable organisations represent a major form of corporate philanthropy. The Organizational Test: If the organization doesn't follow the exemption organizational test, it will be under mentoring, in order to meet the organizational test it has to be exclusively organized and operated.
Serving the public interest: In order to receive and pass the exemption test, charitable organization must follow the public interest and all exempt income should be for the public interest.
Charity Case - Ukraine - Netflix
Legislation of charitable activity and obtainment of charitable organization status is regulated by Civil code of Ukraine and by Law of Ukraine Charitable Activities and Charitable Organizations. By Ukrainian law, there are three forms of charitable organization: charitable society (charitable organization created by at least two founders and operates on the basis of the charter or statute); charitable institution (is a kind of charitable trust; acts on the basis of the constituent or founding act; charitable organization whose founding act defines assets that one or several founders transfer to achieve the goals of charitable activity from such assets and / or income from such assets. A constituent act of a charitable institution may be contained in a will or testament. The founder or founders of the charitable institution do not participate in the management such charitable organization); charitable fund or charitable foundation (is a charitable organization that operates on the basis of the charter; has participants or members and is managed by them; participants or members are not obliged to transfer any assets to such organization in order to achieve the goals of charitable activity; charitable foundation can be created by one or several founders. The assets of charitable fund can be formed by participants and/or other benefactors). Ministry of justice of Ukraine is the main registration authority for charitable organization registration/constitution. Individuals and legal entities, except for public authorities, local governments can be the founders of charitable organizations. Charitable societies and charitable foundations may have (besides founders) other participants who have joined them in the way prescribed by the charters of such charitable associations or charitable foundations. Aliens (non Ukrainian citizens and legal entities, corporations or non-governmental organizations) can be the founders and members of philanthropic organization in Ukraine. All funds received by a charitable organization that were used for charity purposes are exempt from taxation. But it requires obtaining of non-profit status from tax authority. Legalization needed for International charitable fund to make activity in Ukraine.
Charity Case - References - Netflix