Asset Distribution - 825 Words

Asset Distribution (Research Paper Sample) Content: Name Subject Instructor Date Asset Distribution As the Executor to my aunt’s estate, my responsibility is to distribute the remaining $300,000 assets to two worthy 501C.3 organizations. There are four potential organizations. These are Doctors without Borders, USA, American Red Cross, Save the Children, and The Nature Conservancy. The Doctors without Borders organization provides emergency medical care. The organization was founded in New York City in 1990 to create awareness, raise funds, advocate with the United States government and the United Nations on humanitarian concerns, as well as raise funds. It is an internationally acclaimed medical humanitarian organization that provides medical aid in more than sixty countries to person’s whose survival is threatened by neglect, violence, and malnutrition, among others. In terms of funding, the organization receives funds from members of the public and corporate organizations. The American Red Cross is t he other charity organization. This charity organization helps people prepare for, prevent and respond to emergencies. Clara Barton, a visionary leader, founded the organization in the year 1881. Since then, it has been the country’s premier emergency response organization. In addition, the organization is part of a worldwide movement that provides neutral humanitarian care to war victims. Furthermore, the organization provides assistance to natural disaster victims. Moreover, in addition to domestic disaster relief management, the organization provides compassionate service in the following areas. These are comfort and support for military members and their families, community services targeting the needy, distribution and processing of life saving blood, as well as blood products, and educational programs that promote safety and health. In terms of funding, the American Red Cross gets funds from members of the public. These are people who are happy with the organizationâ₠¬â„¢s work and decide to contribute money to ensure its success. However, sometimes the organization incurs fundraising expenses when if it organizes charity events. The third charity organization is The Nature Conservancy. The aim of the charity organization is life preservation and nature protection. In addition, the organization works around the world to protect ecologically essential waters and land for people and nature. The organization was formed in 1951, and has succeeded in protecting more than five thousand miles of rivers, and more than one hundred and nineteen million acres of land across the world. Furthermore, the organization has more than one hundred marine related conservation programs across the world. In terms of membership, the organization has more than one million members from more than thirty countries and all the fifty states in the United States. In terms of funding, the organization receives funds from its more than one million members. Its large membershi p has ensured its continued success. The fourth charity organization is Save the Children. The organization aims at creating a long lasting change for children across the world, as well as the United States. In addition, it is an independent organization that leads in the creation of a lasting change in the lives of needy children. Furthermore, many people have recognized the organization for its commitment to innovation, accountability, as well as collaboration. This recognition takes the organization to the heart of different communities, where it provides help to needy children. In disaster situations, the organization saves lives with medical care, food, and education. Moreover, the organization remains to assist communities rebuild through recovery programs of a long- term nature. In terms of funding, Save the Children receives funds from members of the community, as well as charity events such as walks. In addition, ...