We check the charity's last two Forms 990 to see if the charity has reported any diversion of assets. (More)Ī diversion of assets – any unauthorized conversion or use of the organization's assets other than for the organization's authorized purposes, including but not limited to embezzlement or theft – can seriously call into question a charity's financial integrity. Our analysts check the Form 990 to determine if the independent Board members are a voting majority and also at least five in number.
#Second harvest full#
(More) The presence of an independent governing body is strongly recommended by many industry professionals to allow for full deliberation and diversity of thinking on governance and other organizational matters. But the uncertain economic outlook and weakness in the sector have dented confidence, dampening hopes of any quick revival.Ī quarterly PBOC survey showed 16.5 per cent of households believe housing prices will fall in the third quarter, down from the previous quarter, when 14.4 per cent of households expected a decline.Independent Voting Board Members. The central bank on Monday extended until the end of 2024 some policies in a November rescue package for the cash-strapped sector. "PBOC officials hinted at further property policy easing in the press conference on Friday, and we expect the July Politburo meeting to emphasise the need to stabilise the property market," Goldman Sachs economists wrote in a research note. There is room for "marginal optimisation" of property polices considering profound changes in supply and demand in the real estate market, Zou Lan, a senior official at the People's Bank of China (PBOC), said on Friday. They fell 0.1 per cent in tier-three cities. Prices were flat after rising in May in tier-one cities including Beijing and tier-two cities. Thirty-one of the 70 cities monitored by NBS recorded month-on-month rises in new home prices, down from 46 in May. Policies such as boosting employment and incomes must strengthened to support home buying, Chen said. "The property market is in dire need of strong policies to boost confidence as small-scale policies can no longer rescue the dwindling sentiment," said analyst Chen Xiao at property data provider Zhuge House Hunter. Markets widely expect more stimulus around a meeting of the ruling Communist Party's Politburo late this month, setting the tone for economic policies in the second half of the year. Weakness in home prices and falling exports are adding to pressure on policymakers to take do more to prop up the real estate and revive sluggish demand. But the uncertain economic outlook and persistent weakness in the sector have dented confidence and home demand, dampening hopes for any quick revival. Measures have ranged from extended financial support for developers to multi-pronged incentives for home buyers.
The central and local governments and regulators have announced a slew of policies over the past year to prop up the sector. The property sector, accounting for one-fourth of activity in the world's second-biggest economy, slumped sharply last year as developers defaulted on debts and suspended construction of presold housing projects. Prices were also unchanged from a year earlier, retreating from a 0.1 per cent increase in May. The flat result from a month earlier, with rises slowing nationwide, was below May's 0.1 per cent gain, according to Reuters calculations based on National Bureau of Statistics (NBS) data. BEIJING :China's new home prices were unchanged in June, the weakest result this year, data showed on Saturday, increasing pressure on policymakers for more stimulus as the country's economic recovery falters.
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