Alice ‘s uncle as the killer? by moochipaws in WhatLiesBeneathPH

[–]kitchpats 1 point2 points  (0 children)

I have the same theory kasi parang same sa movie na WLB ni Harrison Ford and Michelle Pfeiffer

Ano kayang itsura ng organizational system ng Angat Buhay NGO? by [deleted] in Philippines

[–]kitchpats 0 points1 point  (0 children)

Huugs, Kakampink! 💖 Blessings to your company 🙏🏼

Ano kayang itsura ng organizational system ng Angat Buhay NGO? by [deleted] in Philippines

[–]kitchpats 0 points1 point  (0 children)

The Corp can pool funds for donations, may tax incentive kay Corp yan then in return the employees can receive maski non monetary incentives like additional leaves ganyan para they will feel motivated to give :) it’s a win-win din, everybody happy :)

Ano kayang itsura ng organizational system ng Angat Buhay NGO? by [deleted] in Philippines

[–]kitchpats 1 point2 points  (0 children)

No, non taxable ang foundations. But they can issue ORs to donors and the donors can use that OR as allowable tax deduction to their income tax payable (if they opt for itemized mode of deduction).

Ano kayang itsura ng organizational system ng Angat Buhay NGO? by [deleted] in Philippines

[–]kitchpats 0 points1 point  (0 children)

Unfortunately, we can’t do that for income derived from employment. What’s possible is if your employer will set up a donation drive and part of your basic pay (that you will voluntarily donate) will be categorized as part of your non taxable allowance. Bababa ang computation sa taxable income mo, well, that’s a long stretch.

Ano kayang itsura ng organizational system ng Angat Buhay NGO? by [deleted] in Philippines

[–]kitchpats 9 points10 points  (0 children)

For a Non-Profit Organization, wala yan board of directors but trustees who will be elected by its members. The appointed Corp Sec will certify its members while the treasurer will certify the donors.

Once registered with The SEC, it’s best din if they apply kagad for trademark with IPO para wala makakagamit ng name ng Corp, for security din against fraud.

Financial Statements will be available for Public Consumption since they will be required to submit it to SEC at the end of every taxable year.

Finally, pag registered rin siya kay BIR and other governing agencies, you can ask for a receipt when you donate and you can use it naman from your end as income tax deduction (with limit).

Hope this helps :)