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WAEPA
Worldwide Assurance for Employees of Public Agencies, widely known by its abbreviated name WAEPA, is a United States' nonprofit 501(c)(9) VEBA association headquartered in Falls Church, Virginia, that provides life insurance and financial service benefits to federal civilian employees. Before WAEPA, civilian employees had limited life insurance options until the Federal Employees' Group Life Insurance Act of 1954 provided group life insurance by the U.S. Government. WAEPA's insurance products are underwritten by the New York Life Insurance Company. The association has over 46,000 members from every civilian agency of the Federal government. History WAEPA was formed during World War II, when, at the request of U.S. President Franklin D. Roosevelt, U.S. Secretary of the Treasury Henry Morgenthau Jr. contacted life insurance companies throughout the country asking if they would provide a maximum of $10,000 of life coverage for civilian government employees serving in war zone ...
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AXA Equitable Life Insurance Company
Equitable Holdings, Inc. (formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde. In 1991, French insurance firm AXA acquired majority control of The Equitable. In 2004, the company officially changed its name to AXA Equitable Life Insurance Company. By 2018, the company had over 15,800 agents licensed by the State of California. In January 2020, it changed its name to Equitable Holdings, Inc. following its spinoff from AXA and the related public offerings beginning in May 2018. History Equitable opened its headquarters at the Equitable Life Building in 1870 in the Financial District of Manhattan, with entrances facing Broadway, Pine Street, and Cedar Street. Aside from Hyde, who was president of Equitable, the firm's officers included James Waddell Alexander (Vice President), George W ...
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Lauchlin Currie
Lauchlin Bernard Currie (October 8, 1902 – December 23, 1993) worked as White House economic adviser to President Franklin Roosevelt during World War II (1939–45). From 1949 to 1953, he directed a major World Bank mission to Colombia and related studies. Information from the Venona project, a counter-intelligence program undertaken by agencies of the United States government, references him in nine partially decrypted cables sent by agents of the Soviet Union. He became a Colombian citizen after the United States refused to renew his passport in 1954, due to doubts of his loyalty to the United States engendered by the testimony of former Communist agents and information in the Venona decrypts. Formative years He was born to Lauchlin Bernard Currie, an operator of a fleet of merchant ships, and Alice Eisenhauer Currie, a schoolteacher. After his father died in 1906, when Currie was four, his family moved to nearby Bridgewater, Nova Scotia where most of his schooling was ...
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Nonprofit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit 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. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to ev ...
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Lend-Lease
Lend-Lease, formally the Lend-Lease Act and introduced as An Act to Promote the Defense of the United States (), was a policy under which the United States supplied the United Kingdom, the Soviet Union and other Allied nations with food, oil, and materiel between 1941 and 1945. It was given on the basis that such help was essential for the defense of the United States; this aid included warships and warplanes, along with other weaponry. It was signed into law on March 11, 1941, and ended on September 20, 1945. In general, the aid was free, although some hardware (such as ships) were returned after the war. Canada, already a belligerent, supplemented its aid to Great Britain with a similar, smaller program called Mutual Aid. A total of $50.1 billion (equivalent to $ in ) worth of supplies was shipped, or 17% of the total war expenditures of the U.S. In all, $31.4 billion went to the United Kingdom, $11.3 billion to the Soviet Union, $3.2 billion to France, $1.6 billion to Chi ...
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Companies Based In Virginia
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pers ...
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Financial Services Companies Established In 1943
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as Financial instrument, financial instruments, such as Currency, currencies, Loan, loans, Bond (finance), bonds, Share (finance), shares, Stock, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be Bank, banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset man ...
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Library Of Congress
The Library of Congress (LOC) is the research library that officially serves the United States Congress and is the ''de facto'' national library of the United States. It is the oldest federal cultural institution in the country. The library is housed in three buildings on Capitol Hill in Washington, D.C.; it also maintains a conservation center in Culpeper, Virginia. The library's functions are overseen by the Librarian of Congress, and its buildings are maintained by the Architect of the Capitol. The Library of Congress is one of the largest libraries in the world. Its "collections are universal, not limited by subject, format, or national boundary, and include research materials from all parts of the world and in more than 470 languages." Congress moved to Washington, D.C., in 1800 after holding sessions for eleven years in the temporary national capitals in New York City and Philadelphia. In both cities, members of the U.S. Congress had access to the sizable colle ...
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Bureau Of The Budget
The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP). OMB's most prominent function is to produce the president's budget, but it also examines agency programs, policies, and procedures to see whether they comply with the president's policies and coordinates inter-agency policy initiatives. Shalanda Young became OMB's acting director in March 2021, and was confirmed by the Senate in March 2022. History The Bureau of the Budget, OMB's predecessor, was established in 1921 as a part of the Department of the Treasury by the Budget and Accounting Act of 1921, which President Warren G. Harding signed into law. The Bureau of the Budget was moved to the Executive Office of the President in 1939 and was run by Harold D. Smith during the government's rapid expansion of spending during World War II. James L. Sundquist, a staffer at the Bureau of the Budget, called the relationship between the president and t ...
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White House
The White House is the official residence and workplace of the president of the United States. It is located at 1600 Pennsylvania Avenue Northwest, Washington, D.C., NW in Washington, D.C., and has been the residence of every U.S. president since John Adams in 1800. The term "White House" is often used as a metonym for the Executive Office of the President of the United States, president and his advisers. The residence was designed by Irish-born architect James Hoban in the Neoclassical architecture, neoclassical style. Hoban modelled the building on Leinster House in Dublin, a building which today houses the Oireachtas, the Irish legislature. Construction took place between 1792 and 1800, using Aquia Creek sandstone painted white. When Thomas Jefferson moved into the house in 1801, he (with architect Benjamin Henry Latrobe) added low colonnades on each wing that concealed stables and storage. In 1814, during the War of 1812, the mansion was set ablaze by British forces in ...
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United States Office Of War Information
The United States Office of War Information (OWI) was a United States government agency created during World War II. The OWI operated from June 1942 until September 1945. Through radio broadcasts, newspapers, posters, photographs, films and other forms of media, the OWI was the connection between the battlefront and civilian communities. The office also established several overseas branches, which launched a large-scale information and propaganda campaign abroad. From 1942 to 1945, the OWI revised or discarded any film scripts reviewed by them that portrayed the United States in a negative light, including anti-war material. History Origins President Franklin D. Roosevelt promulgated the OWI on June 13, 1942, by Executive Order 9182. The Executive Order consolidated the functions of the Office of Facts and Figures (OFF, OWI's direct predecessor), the Office of Government Reports, and the Division of Information of the Office for Emergency Management. The Foreign Information Ser ...
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Office Of Foreign Relief And Rehabilitation Operations
The Office of Foreign Relief and Rehabilitation Operations (OFRRO) was a short-lived organization created during World War II in the United States Department of State. It existed between December 1942 and November 1943, when it was replaced by the United Nations Relief and Rehabilitation Administration (UNRRA). History The OFRRO was established in December 1942. It was one of the organizations set up to provide relief to populations suffering from the effects of the war, others being the British Committee on Surpluses, the Inter-Allied Committee on Post-War Requirements, established in September 1941 to estimate the extent of postwar needs and the Middle East Relief and Refugee Administration, which the British set up to operate refugee camps. President Franklin D. Roosevelt announced on 21 November 1942 that the OFRRO was being established with Herbert H. Lehman, the governor of New York State, as its director. Lehman took office on 4 December 1942. Roosevelt laid out the objecti ...
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Board Of Economic Warfare
The Office of Administrator of Export Control (also referred to as the Export Control Administration) was established in the United States by Presidential Proclamation 2413, July 2, 1940, to administer export licensing provisions of the act of July 2, 1940 (54 Stat. 714). Brigadier General Russell Lamont Maxwell, United States Army, headed up this military entity. It was abolished by Presidential Executive Order 8900, September 15, 1941, and its functions were transferred to the Economic Defense Board, which had been established by Presidential Executive Order 8839, July 30, 1941, to develop policies and programs to strengthen U.S. international economic relations.Edward S. Miller, ''Bankrupting the Enemy: The U.S. Financial Siege of Japan Before Pearl Harbor'' (Annapolis: Naval Institute Press, 2007), pps. 87, 205, 286 n. 1. The name was changed to Board of Economic Warfare by Presidential Executive Order 8982, December 17, 1941. In turn, it was abolished by Executive Order 9361 ...
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