Fédération Internationale De L'Automobile
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Fédération Internationale De L'Automobile
The Fédération Internationale de l'Automobile (FIA; ) is an international organisation with two primary functions surrounding use of the automobile. Its mobility division advocacy, advocates the interests of motoring organisations, the automotive industry and motor car users in the fields of road safety and Traffic, traffic circulation. The sport division is a governing body for many international motorsport championships and disciplines, including Formula One. The FIA was formally established on 20 June 1904. It is headquartered at 8 Place de la Concorde, Paris, with offices in Geneva, Valleiry and London. The FIA consists of 245 member organisations in 149 countries worldwide. Its current president is Mohammed Ben Sulayem. The FIA is generally known by its French name or initials, even in non-French-speaking countries, but is occasionally rendered as International Automobile Federation. Its most prominent role is in the licensing and sanctioning of Formula One, World Rally C ...
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Nonprofit Organisation
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be non-profit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an enti ...
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