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Zenith Asset Investment Education Foundation: Arthur Frank's Vision for Financial Empowerment
July 18, 2024 at 03:00 AM EDT
Zenith Asset Investment Education Foundation: Arthur Frank's Vision for Financial Empowerment and Wealth Growth
BIRMINGHAM, AL, July 18, 2024 /24-7PressRelease/ -- A 501(c)(3) organization refers to corporations, trusts, unincorporated associations, or other types of organizations that are exempt from federal income tax under Section 501(c)(3) of Title 26 of the «United States Code». It is one of 29 types of 501(c) nonprofit organizations in the U.S.
The 501(c)(3) tax-exempt status applies to entities established and operated for public interests such as religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition, and preventing cruelty to children or animals.
The U.S. tax code allows donors to most 501(c)(3) organizations to deduct their charitable contributions from their federal income taxes. These deductions require documentation, such as a receipt for donations over $250. Because of this tax benefit, having 501(c)(3) status is crucial for the survival and operation of a charitable organization.
Many foundations and corporate charters stipulate that they will not donate to organizations without 501(c)(3) status. Similarly, individual donors might be deterred from contributing to such organizations due to the lack of tax deduction benefits.
Private foundations, sometimes called non-operating foundations, get most of their income from investments and donations. These funds are primarily donated to other organizations rather than being used directly for charitable activities. Private foundations are defined by Section 509(a) of the Internal Revenue Code as 501(c)(3) organizations that do not meet the criteria for public charity status.
Zenith Asset Investment Education Foundation, established in September 2018, is a private foundation dedicated to enhancing financial literacy and investment skills through professional educational services. With a mission to promote secure wealth growth, the Foundation focuses on global investment knowledge and fraud detection awareness among investors.
Founded by Arthur Frank, a seasoned professional in the financial industry, the Foundation's management team includes experts with extensive backgrounds in finance, education, and technology. It boasts a team of highly qualified professionals, including CFA charterholders and NAIFA members, capable of delivering top-tier investment education.
Key advantages of the Foundation include its proprietary FINQbot AI investment system, which provides personalized investment advice, and its eligibility for tax incentive policies aimed at reducing investment costs. The Foundation plans comprehensive educational activities covering stocks, bonds, options, cryptocurrencies, and ETFs to enrich investors' knowledge and skills.
In pursuit of its goals, Zenith Asset Investment Education Foundation aims to educate 100,000 investors within one year, with targeted wealth growth of 300% to 1000%. Over the next three years, it seeks to expand its reach to over one million investors and enhance their cumulative wealth by $10 billion. Long-term aspirations include establishing a nationwide investment education network and expanding globally.
Looking ahead, the Foundation aims to solidify its position as a leading investment education provider nationally, innovate with AI and big data technologies, and establish international branches to serve investors worldwide. With a commitment to professionalism, technological innovation, and quality service, Zenith Asset Investment Education Foundation strives to empower investors in achieving their financial goals securely and effectively.
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