Legal Dictionary

Tag: Non-profit organisation

  • Gift

    A voluntary transfer of any thing made without consideration or expectation of consideration. The essential components of a valid completed gift of personal property are: competency of the donor to give the gift; voluntary intent on the part of the donor to make a gift; delivery […]

  • Foundation

    The establishment of a charity; that upon which a charity is founded and by which it is supported. This word, in the English law, is taken in two senses, fundatio ineipiens, and fundaiAo perficiens. As to its political capacity, an act of Incorporation is metaphorically called its […]