American Red Cross

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Introduction

The purpose of this paper is to explore the Red Cross of America. The paper discusses the historical background of the Red Cross along with the current status of the organization. Nevertheless, the study intends to focus on the section 501 (c) (3). The section specifically enlightens the prospects through which the tax exemption may be applied. International Committee of Red Cross (commonly known as Red Cross) was established in 1863 as a non-profit social organization. Red Cross works under the head of The International Red Cross and Red Crescent Movement, which is the world’s largest humanitarian network. Main objective of the Red Cross is to protect life and health, assuage human suffering, and endorse human dignity. Red Cross supported the development of international humanitarian law (IHL) to make basis for guiding its vision and mission. Red Cross has global operations, and present in nearly every country.

The human service, nonprofit, charitable, and voluntary sector is important to our society. The labels used to distinguish these organizations from government and private-sector corporations reveal their merits: nonprofit, accenting altruism and disregard of self-interest; charitable, referring to reliance on donations and generosity; and voluntary, indicating the significance of volunteers as a primary resource. They are powerful generators of social value for certain, but they also create economic value. The human service organization that has been selected for this paper is International Committee of Red Cross.

Red Cross organization governing bodies consists of a Governing Assembly, Executive Directorate Body, and an Assembly Council. Assembly is dominated by the President, two vice-presidents, Swiss na...

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