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Formation and structuring of U.S. charitable foundation affiliation with for-profit Chilean enterprise

Nonprofit, Tax, Corporate & Business

Hinckley Allen created the U.S. charitable foundation to promote conservation and social and economic development in a region of Chile in harmony with the natural environment. The U.S. based non-profit promotes education, economic development and environmental conservation in the region through educational initiatives, teaching English and encouraging environmental awareness in schools and communities, conserving the ecologically fragile areas and facilitation of local community involvement. The Chilean for-profit enterprise is an eco-tourism and conservation fund which owns ecologically sensitive properties and is developing a carbon sequestration credit and eco-brokerage as additional revenue sources.