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28-569: Created in May 1996 and initially called just the " X Prize ", it was renamed the "Ansari X Prize" on May 6, 2004, following a multimillion-dollar donation from entrepreneurs Anousheh Ansari and Amir Ansari . The prize was won on October 4, 2004, the 47th anniversary of the Sputnik 1 launch, by the Tier One project designed by Burt Rutan and financed by Microsoft co-founder Paul Allen , using

56-779: A charitable organization for which the deceased was a donor or volunteer, or for a cause befitting the deceased's priorities in life or manner of death. Memorial donations are also sometimes given by people unable to attend the ceremony. There are also circumstances when people like to donate funds to their preferred causes by not revealing their names. Many donors such as public figures or philanthropists like to stay anonymous while making generous donations for various reasons such as to not be asked for money from other organisations or their religious beliefs. Many donors like to stay anonymous because of their religious beliefs or simply don't want any notoriety from giving. Mojave Aerospace Ventures Too Many Requests If you report this error to

84-535: A couple or household, and standard deductions are not available for donations. The most recent year of available data is 2020–2021. Analysis of the ATO data showed that the total amount donated and claimed as tax-deductible donations in 2020–21 was $ 4.39 billion (compared to $ 3.85 billion for the previous income year). This constitutes an increase of 14.19 per cent or $ 545.72 million. The average tax-deductible donation made to DGRs and claimed by Australian taxpayers in 2020–21

112-506: A donation is an "imperfect contract void for want of consideration." Only when the donation is made does it acquire legal status as a transfer or property. In politics, the law of some countries may prohibit or restrict the extent to which politicians may accept gifts or donations of large sums of money, especially from business or lobby groups (see campaign finance ). Donations of money or property to qualifying charitable organizations are also usually tax deductible . Because this reduces

140-678: A long line of experimental aircraft built for the US Air Force had been so designated, including the X-15 that was, in 1963 , the first government-built craft to carry a human into space; and because "Ten is the Roman numeral X". The X Prize was first publicly proposed by Diamandis in an address to the NSS International Space Development Conference in 1995. The competition goal was adopted from

168-477: A number of intrepid aviators in the mid-1920s to fly across the Atlantic Ocean from New York to Paris—which was ultimately won in 1927 by Charles Lindbergh in his aircraft Spirit of St. Louis . In reading the 1953 book, The Spirit of St. Louis during 1994, Peter Diamandis realized that "such a prize, updated and offered ... as a space prize, might be just what was needed to bring space travel to

196-441: A return, so their gifts are not included. Additionally, the data does not include giving from trusts or companies or giving by persons overseas who are not Australian taxpayers.  The ATO dataset also does not examine other forms of giving such as time (volunteering) or goods under $ 5,000 in value. Donations are given without return consideration. This lack of return consideration means that, in common law , an agreement to make

224-653: Is developing additional prizes: the Archon X Prize , to advance research in the field of genomics ; the Automotive X Prize , an engineering competition to create a fuel efficient clean car; the Wirefly X Prize Cup , an annually held air & space exposition featuring space-related competitions and rocketry, and the Google Lunar X Prize , a competition for privately funded lunar exploration. Of several awards on offer,

252-590: Is nearing the record level of 8% from 2010 when online giving spiked in response to Haitian earthquake relief efforts. Steve MacLaughlin notes in the report that "the Internet has now become the first-response channel of choice for donors during disasters and other emergency events." Blackbaud's 2015 Charitable Giving report revealed a 9% increase in online donations compared to 2014. In addition, online giving represented 7% of overall fundraising, with 14% of all online donations made on mobile devices. Donations made on

280-589: The Energy Independence and Security Act of 2007 . Ansari X Prize: Similar topics: Related technical topics: Donation A donation is a gift for charity , humanitarian aid , or to benefit a cause. A donation may take various forms, including money , alms , services , or goods such as clothing , toys , food , or vehicles . A donation may satisfy medical needs such as blood or organs for transplant . Charitable donations of goods or services are also called gifts in kind . In

308-469: The SpaceCub project, demonstration of a private vehicle capable of flying a pilot to the edge of space, defined as 100 km altitude. This goal was selected to help encourage the space industry in the private sector , which is why the entries were not allowed to have any government funding. It aimed to demonstrate that spaceflight can be affordable and accessible to corporations and civilians, opening

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336-597: The Tether Challenge in which teams compete to develop superstrong tethers as a component to space elevators , and the Beam Power Challenge which encourages ideas for transmitting power wirelessly. An independent spin-off called the N-Prize was started by Cambridge Microbiologist Paul H. Dear in 2007, designed to foster research into low-cost orbital launchers. The X Prize foundation itself

364-669: The United States , in 2007, the Bureau of Labor Statistics found that American households in the lowest fifth in terms of wealth, gave on average a higher percentage of their incomes to charitable organizations than those households in the highest fifth. Charity Navigator writes that, according to Giving USA, Americans gave $ 298 billion in 2011 (about 2% of GDP). The majority of donations were from individuals (73%), then from bequests (about 12%), foundations (2%) and less than 1% from corporations. The largest sector to receive donations

392-499: The X Prize Foundation (based in Santa Monica, CA) established a philanthropic model in which offering a prize for achieving a specific goal stimulates entrepreneurial investment that produces a tenfold or greater return on the prize purse and at least one hundredfold in follow-on investment and social benefit. The Foundation has developed into a non-profit prize institute that conceives, designs and manages public competitions for

420-516: The donee . It is possible to donate in the name of a third party, making a gift in honor or memory of someone or something. Gifts in honor or memory of a third party are made for various reasons, such as holiday gifts, wedding gifts, in memory of somebody who has died, in memory of pets or in the name of groups or associations that no longer exist. Memorial gifts are sometimes requested by their survivors (e.g. "in lieu of flowers, contributions may be made to ABC Charity"), usually directing donations to

448-644: The X Prize. The documentaries chronicle the story of Burt Rutan and SpaceShipOne. As of 2011, the trophy is on display in the Saint Louis Science Center in St. Louis, Missouri . Although only the Tier One team actually launched a spacecraft on a sub-orbital spaceflight , several other teams have conducted low-altitude tests or announced future plans to launch into space: With the Ansari X Prize,

476-456: The benefit of humanity. The funding for the US $ 10,000,000 prize was unconventional. It came from a " hole-in-one insurance policy". It was "fully funded through January 1, 2005, through private donations and backed by an insurance policy to guarantee that the $ 10 million is in place on the day that the prize is won." The success of the X Prize competition has spurred spin-offs that are set up in

504-518: The door to commercial spaceflight and space tourism . It is also hoped that competition will breed innovation , introducing new low-cost methods of reaching Earth orbit , and ultimately pioneering low-cost space travel and unfettered human expansion into the Solar System . NASA is developing a similar prize program called Centennial Challenges to generate innovative solutions to space technology problems. Twenty-six teams from around

532-547: The experimental spaceplane SpaceShipOne . $ 10 million was awarded to the winner, and more than $ 100 million was invested in new technologies in pursuit of the prize. Several other X Prizes have since been announced by the X Prize Foundation , promoting further development in space exploration and other technological fields. The X Prize was inspired by the Orteig Prize —the 1919 prize worth 25,000 dollars offered by New York hotel owner Raymond Orteig that encouraged

560-422: The general public, to jump-start a commercial space industry." Diamandis developed a fully formed idea for a "suborbital space barnstorming prize", and set an initial goal of finding backers to support a US$ 10 million prize. He named it the X Prize, in part because "X" could serve as a variable for the name of the person who might later back the prize; any craft built to win the prize would be experimental, and

588-597: The international online giving day #GivingTuesday were up 52% from the previous year. In Australia , donation statistics are made available annually by the Australian Taxation Office (ATO), in the form of detailed tables breaking down the items in the individual tax return by gender , age, income , and state/territory. In Australia, individuals submit an income tax return based on their personal income levels and source(s). Unlike in other Western jurisdictions, income tax returns cannot be submitted as

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616-540: The largest—$ 20 million—will be awarded to the first privately funded team to produce a robot that lands on the Moon and travels 500 m (1,640 ft) across its surface. There is also a possible " H-Prize ", focused on hydrogen vehicle research, although this goal has been addressed by H.R. 5143 , an X-Prize-inspired bill passed by the United States House of Representatives , which was later folded into

644-472: The prize, which was awarded on November 6, 2004. In press coverage, the winning team has been variously referred to as Mojave Aerospace Ventures , the corporation that funded the attempt; Tier One , the project name of Mojave's contest entry; and Scaled Composites , the manufacturer of the craft. At least two documentaries were created to document the efforts of the winning team to win the prize. They included Black Sky: The Race for Space and Black Sky: Winning

672-540: The same way. There have been two major spin-offs at this point, the first of which is the M Prize (short for Methuselah Mouse Prize), which is a prize set up by University of Cambridge biogerontologist Aubrey de Grey which will go to the scientific team that successfully extends the life or reverses the aging of mice, which would then eventually be available to humans. The second is the NASA Centennial Challenges , which consist of (among others)

700-400: The state's tax income, calls have been raised that the state (and the public in general) should pay more attention towards ensuring that charities use this 'tax money' in suitable ways. There have been discussions on whether also a donation of time should be tax deductible. The person or institution giving a gift is called the donor , and the person or institution getting the gift is called

728-407: The world participated, ranging from volunteer hobbyists to large corporate-backed operations: Some sources mention two other companies: but do not mention Whalen Aeronautics Inc. The Tier One project made two successful competitive flights: X1 on September 29, 2004, piloted by Mike Melvill to 102.9 km; and X2 on October 4, 2004, piloted by Brian Binnie to 112 km. They thus won

756-455: Was religious organizations (32%), then education (13%). Giving has increased in 3 out of 4 years since 1971 (with the occasional declines occurring around recession years). Blackbaud reports that, in the US, online giving in 2012 grew by 11% on a year-over-year basis. The percentage of total fundraising that comes from online giving was about 7% in 2012. This was an increase from 6% in 2011 and

784-468: Was $ 1,047.27 (compared to $ 886.75 in the previous income year). This is an increase of 18.10 per cent. The ATO data in no way represents all gifts, being limited to giving by individual taxpayers to DGRs. Furthermore, not all gifts will be claimed, either due to forgetfulness or a conscious decision not to claim.  Broadly speaking, those whose income is derived from their superannuation (personal retirement savings) are not required to pay tax or submit

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