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40-528: TASC may refer to: Take a Swing at Cancer , a non-profit charity, United States TASC FC , a football club in Botswana Tasmanian Assessment, Standards and Certification, part of the education system in Tasmania , Australia Technology and Social Change Centre (TaSC), University of Essex, England Test Assessing Secondary Completion (TASC),

80-454: A board of directors and slate of officers. Incorporating allowed TASC to broaden its beneficiary reach and have a more direct impact on those facing the challenges of battling cancer. In 2003, TASC gained 501(c)(3) status from the IRS. In 1991, Andy Smyth, along with brother, Jeff, and family friend, Don Voner, created the softball tournament and called it the "Betty Smyth Softball Classic". It

120-486: A corporate identifier such as "Corp.", "Inc.", or "Co.". A preliminary name availability search is advisable prior to the submission of the Articles of Incorporation. In the case of online incorporation, the state will have the final say with regards to the name chosen for the company. The name should not deceive or mislead consumers. Registered agents are responsible for receiving all legal and tax documentation on behalf of

160-403: A direct campaign. The articles of incorporation (also called a charter , certificate of incorporation or letters patent ) are filed with the appropriate state office, listing the purpose of the corporation, its principal place of business and the number and type of shares of stock. A registration fee is due, which is usually between $ 25 and $ 1,000, depending on the state. A corporate name

200-596: A face-to-face meeting. In the UK, the process of incorporation is generally called company formation. The United Kingdom is one of the quickest locations to incorporate, with a fully electronic process and a very fast turnaround by the national registrar of companies, the Companies House . The current Companies House record is five minutes to vet and issue a certificate of incorporation for an electronic application. There are many different types of UK companies: In Canada ,

240-569: A high school equivalency exam developed by CTB/McGraw-Hill The Alliance for Safe Children , an American non-profit organisation researching child safety in Asia The Analytic Sciences Corporation , Inc., or TASC, Inc., a private defense contractor of Chantilly, Virginia, USA Think tank for Action on Social Change , a think tank based in Ireland Train Automatic Stopping Controller ,

280-415: A mention in the articles of incorporation, along with the voting rights information. Generally, preferred shares provide its shareholders preferential payments of distribution of assets or dividends, in case the company shuts down its operations. A lot of small business owners only allow shares of common stock. There are a number of legal benefits that come with incorporation. One significant legal benefit

320-455: A narrative emerges that offers an explanation for why such views are upheld. In 1816, the New Hampshire state legislature passed a bill intended to turn privately owned Dartmouth College into a publicly owned university with a board of trustees appointed by the governor. The board filed a suit challenging the constitutionality of the legislation. The suit alleged that the college enjoyed

360-468: A shareholder of a Corp. or LLC cannot seize the assets of the company. However, the creditor may be able to seize ownership shares in the corporation, as they are considered a personal asset. In the United States, corporations can sometimes be taxed at a lower rate than individuals. Also, corporations can own shares in other corporations and receive corporate dividends 80% tax-free. There are no limits on

400-479: A similar vision, such as Andrew's Helpful Hands , Angel's Hope , Childhood Cancer Lifeline of New Hampshire and Dana Farber Cancer Institute . The original TASC logo was a three-person pyramid designed by Jennifer Smyth in the mid-1990s. The current TASC logo was designed in 2002 by Andee Wilcott. The concept of the 'running T' was designed to capture the ideas of motion, energy and compassion while simultaneously displaying an orientation towards sports that

440-510: A train protection system used in Japan See also [ edit ] Leeds Trinity University , university in Leeds, England, from previous name "Trinity and All Saints College" Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title TASC . If an internal link led you here, you may wish to change the link to point directly to

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480-572: Is easily transferable to others, either in whole or in part. Some state laws are particularly corporate-friendly. For example, the transfer of ownership in a corporation incorporated in US-DE is not required to be filed or recorded. Legal opinion on corporations has evolved significantly throughout history, and Supreme Court cases provide a means to observe this evolution. While these cases may seem arbitrary and decontextualized when examined individually, when viewed successively and within historical context,

520-412: Is generally made up of three parts: "distinctive element", "descriptive element", and a legal ending. All corporations must have a distinctive element, and in most filing jurisdictions, a legal ending to their names. Some corporations choose not to have a descriptive element. In the name "Tiger Computers, Inc.", the word "Tiger" is the distinctive element; the word "Computers" is the descriptive element; and

560-450: Is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal judgments. In a corporation, however, shareholders , directors and officers typically are not liable for the company's debts and obligations. They are limited in liability to

600-407: Is to ease the financial burden placed on families by offering alternative funding to assist with the expenses not covered by traditional insurance. TASC is governed by a 15-member all-volunteer board of directors . Each year, half of the directors are elected to two-year terms. A president , vice-president , treasurer and secretary are all elected annually by the board. The president runs

640-442: The certificate of incorporation . A business purpose describes the incorporated tasks a company has to do or provide. The purpose can be general, indicating that the budding company has been formed to carry out "all lawful business" in the region. Alternatively, the purpose can be specific, furnishing a more detailed explanation of the products and/or services to be offered by their company. The chosen name should be followed with

680-459: The right to contract and the government changing that contract was not allowed. Chief Justice John Marshall delivered the majority opinion and affirmed that the right to contract exists between owners of private property rather than between a government and its citizens. The case was the first case in US history that asked fundamental questions about corporate entities and the protections they enjoy; it also

720-507: The "Inc." is the legal ending. The legal ending indicates that it is in fact a legal corporation and not just a business registration or partnership . Incorporated, limited , and corporation, or their respective abbreviations (Inc., Ltd., Corp.) are the possible legal endings in the US. Usually, there are also corporate bylaws which must be filed with the state. Bylaws outline a number of important administrative details such as when annual shareholder meetings will be held, who can vote and

760-560: The 15th Annual softball tournament and Hurricane Hanna forced the cancellation of the 16th Annual event in 2008. In the fall of 1999, TASC became involved with the Jared Tuccolo Memorial Golf Tournament by providing volunteers for the event and contributing $ 1,000. In 2000, TASC brought this event under its umbrella and became more involved in the planning process. The golf tournament has seen increasing profits in each successive year. The proceeds are disbursed in

800-401: The amount of losses a corporation may carry forward to subsequent tax years. A sole proprietorship, on the other hand, cannot claim a capital loss greater than $ 3,000 unless the owner has offsetting capital gains. A corporation is capable of continuing indefinitely. Its existence is not affected by the death of shareholders, directors, or officers of the corporation. Ownership in a Corp. or LLC

840-399: The amount they have invested in the corporation. For example, if a shareholder purchased $ 100 in stock, no more than $ 100 can be lost. On the other hand, a corporation (Corp.) or a limited liability company (LLC) may hold assets such as real estate, cars or boats. If a shareholder of a corporation is personally involved in a lawsuit or bankruptcy , these assets may be protected. A creditor of

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880-494: The corporation. Share per value refers to the stated minimum value and generally doesn't correspond to the actual share value. In reality, the value of a share is based on its fair market value or the amount a buyer is willing to pay. An Inc. stipulates the exact number of shares the corporation is willing to authorize. It is mandatory for every corporation to have stock. If the corporation is willing to permit both preferred as well as common shares of stock, then this should have

920-471: The court ruled that there could be a corporate tax, essentially saying the structure of business was a justifiably discriminatory criterion for governments to consider when writing tax legislation. This was a unique ruling handed down during a unique time in US history that denied a corporation freedom it sought in the courtroom. From 1940 to 1990 the percent of total GDP made up by financial service professionals increased by 300%. Along with that growth there

960-414: The day-to-day operations of the organization and the fiscal year runs January through December. There are several committee structures throughout the organization. Many of these center around TASC's various fundraising events ( softball , golf , etc.). But, there is also a Marketing , Beneficiary , Finance and Website Committee. Committee chairs are appointed by the president at the beginning of

1000-656: The form of scholarships to students at Jared's high school alma mater (Whittier Regional Vocational Technical High School in Haverhill, Massachusetts ) with the remaining funds being distributed by the Beneficiary Committee to other cancer patients in need. Take a Swing at Cancer has participated in the Simon Mall Evening of Giving since its inception. As of 2009, they began ramping up their 3rd annual Poker Tournament and they continue to solicit new ideas as

1040-534: The general public are encouraged to attend and participate. The organization's roots began in 1991 when a small group of volunteers, known informally as the Softball Against Cancer Committee, came together to run a charity softball event. In the early months of 1998, after several years of successful tournaments, committee members joined forces to incorporate Take a Swing at Cancer, Inc. (TASC) into its own non-profit organization, complete with

1080-421: The intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=TASC&oldid=1213349564 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Take a Swing at Cancer Take a Swing at Cancer's mission is to help families affected by cancer. The goal

1120-402: The issue of corporate contributions came before the court again. In Citizens United v. FEC the court said there was virtually no distinction between monetary contributions and political speech, and because we do not limit political speech unless it is tantamount to bribery, corporations have the right as people to donate unlimited amounts of money to any political cause so long as it is not to

1160-426: The late 19th into the early 20th centuries came to a screeching halt in 1929. The Great Depression , as it came to be known, helped a view of corporations emerge that put them at odds with the normal working man. The election of Franklin D. Roosevelt was a manifestation of many populist sentiments the country might have felt. In 1933 a Florida case came before the court, again disputing taxation. In Liggett v. Lee

1200-535: The manner in which shareholders will be notified if there is need for an additional "special" meeting. Corporations can only deduct net operating losses going back two years and forward 20 years. Assuming a corporation has not sold stock to the public, conducting corporate business is straightforward. Often, it amounts to recording key corporate decisions (for example, borrowing money or buying real estate) and holding an annual meeting. These formalities can often be supplanted by written agreement and do not usually need

1240-425: The organization continues to grow. Since 2000, more than $ 250,000 has been provided directly to beneficiaries of TASC. TASC disburses nearly 100% of its proceeds to worthy individuals and organizations who have completed the application process, which includes screening by the Beneficiary Committee. The beneficiary process often puts the Beneficiary Committee into direct contact with beneficiary recipients through

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1280-758: The process of incorporation can be done either at the federal or provincial level. Companies which incorporate with the federal government will generally need to register extra-provincially in the province that they elect to do business. Similarly, a provincial corporation may need to register extra-provincially if they are to have offices outside of their home province. Incorporated Canadian companies can generally use either Corp., Corporation, Inc., Incorporated, Incorporée, Limited, Limitée, Ltd., Ltée, Société par actions de régime fédéral, and S.A.R.F in their name, but this may vary from province to province. Note that there are two government structures operating within Canada. French system

1320-432: The tax code was misapplied to some of their property and assets. In deciding the case, a unanimous court ruled that governments must abide by the same tax code enforcement for individuals that it did for corporations. While not explicitly stated in the case, it was implied that this case extended equal protection rights to corporations under the 14th amendment . The booming economy the railroad corporations helped build from

1360-445: The work of beneficiary liaisons . Many of TASC’s beneficiaries are individuals and families who need relief from the stress of mounting bills incurred during cancer treatment . Liaisons are in the unique position to assist people with expenses that are not covered by traditional insurance, including but not limited to mortgage payments, car repairs, and other household bills. They have also supported several organizations that share

1400-400: The year. Meetings are typically held once a month, although there is also an annual meeting that takes place at the end of the calendar year . All board members and committee chairs congregate to organize future events, discuss internal business and promote the general growth of the organization. While board members are the only ones who can vote on general matters of business, volunteers and

1440-609: Was a growth in the profits this industry experienced as well. As the disposable income of banks and other financial institutions rose, they sought a way to use it to influence politics and policy. In response, Massachusetts passed a law limiting corporate donations strictly to issues related to their industry. The First National Bank of Boston challenged the law on First Amendment grounds and won. First National Bank of Boston v. Bellotti allowed business to use financial speech in political causes of any nature. In 2010 amidst an outpouring of frustration and blame directed at Wall Street

1480-563: Was a precedent-setting case in extending "individual rights" to corporations. The railroad was an expensive multi-year project that greatly changed and altered both the physical and commercial landscape of the country. As with most new technology developments that have a broad impact, there are disputes about how those technologies and the businesses they thrive in fit under the umbrella of laws that govern regulations and taxation. In 1886 one such taxation dispute arose between Santa Clara County and Southern Pacific Railroad . The railroad thought

1520-684: Was even more successful than the previous tournaments. Twenty teams registered and over $ 6,000 was netted. All proceeds were donated directly to the American Cancer Society . By this time, a core group of committed volunteers had formed. The first tournament was held at Tufts University in Medford, Massachusetts . All subsequent events have taken place at the MITRE Field Complex in Burlington, Massachusetts . The 2007 tournament represented

1560-439: Was not specific to any one sport. Incorporation (business) Incorporation is the formation of a new corporation . The corporation may be a business , a nonprofit organization , sports club , or a local government of a new city or town . Specific incorporation requirements in the United States differ on a state by state basis. However, there are common pieces of information that states require to be included in

1600-413: Was organized to commemorate the life and vivacity of Andy and Jeff’s mother, who died of breast cancer in 1988. The idea for the event was to have a weekend filled with fun centered around softball, while contributing to the fight against cancer. The event continued in 1992 and 1993, growing more successful with each passing year. In 1996, the tournament was re-created as "Take a Swing at Cancer '96" and

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