Verlin
About
Verlin is from Dubai, United Arab Emirates. Verlin is currently Chairman at Ruby Family Foundation.
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On 12.10.2021, Ruby Family Foundation was established as a component of the SDG Impact Fund, which is an IRS recognized 501(c)(3) tax-exempt public charity and not for profit corporation having its principal office in the city of Cartersville and State of Georgia as described in the Internal Revenue Code Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi). Ruby Family Foundation is a component part of the Charity as defined in Section 1.170A-9(f) (11) of the Income Tax Regulations and nothing in the creation of the Fund affected the status of the Charity as an organization (i) described in Section 501(c)(3) of the Code and (ii) which is not a private Charity within the meaning of Section 509(a) of the Code. Ruby Family Foundation met the requirements of a donor advised fund under Section 4966 of the Code. Among other things, the Fund shall not (i) make distributions to individuals, private non-operating Charities, certain supporting organizations or to any organization for a non-charitable purpose; (ii) maintain excess business holdings as described under Section 4943(e) of the Code; (iii) engage in excess benefit transactions as described under Section 4958 of the Code or (iv) provide prohibited benefits as described under Section 4967 of the Code. Ruby Family Foundation shall be administered in and under the laws of the State of Georgia, and this Agreement and the validity thereof shall be governed by and construed in accordance with the laws of the State of Georgia. Ruby Family Foundation is a component fund of the SDG Impact Fund (Tax ID# 46-2368538), which is an IRS recognized 501(c)(3) tax-exempt public charity as described in the Internal Revenue Code Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi). All money and property transferred to Ruby Family Foundation shall be an irrevocable gift to the charity.