Currently viewing the tag: "charity"

In 1992, Michael Jackson founded the first Heal the World Foundation (“Jackson’s Foundation”) named after Jackson’s hit song “Heal the World.” Jackson’s foundation provided medicine to children and fought world hunger, homelessness, child exploitation and abuse. Jackson’s efforts to raise awareness and money for Jackson’s Foundation are numerous and highly publicized. Further, Jackson’s [...]

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On Friday, a three-judge panel of Malawi’s Supreme Court of Appeals overruled a lower court decision denying Madonna’s adoption of four-year-old Chifundo “Mercy” James. The lower court’s earlier decision cited Malawi’s residency laws when rejecting Madonna’s request to adopt Mercy. Specifically, the lower court found that Madonna had not spent sufficient time in Malawi to [...]

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For many years, the Internal Revenue Service (IRS) has required charities organized under section 501(c)(3) of the tax code to report their top executives’ salaries on Form 990 when filing tax returns. This information has been made available to the public as a kind of quid pro quo for the favorable tax treatment received by [...]

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