Quote:
Originally Posted by Kevin
Tom, this ain't legal advice, (if you want to know how to do this for sure, or whether it's feasible in Kansas, contact a lawyah in your area). /end disclaimer
You might want to look into setting up a few entities separate from your alumni association if you're wanting to earmark alum dues to those things. You might even designate x% of your alum dues to go for "educational purposes" meaning that the check gets paid to a chapter educational foundation which you could establish locally as a 501(c)3, getting your alums a little money back on the taxes.
There can be a lot of paperwork associated with these things, but generally, it's all worth it.
|
Yepper, Kevin, We have been looking into the legal asspects for this and have gotten info from Members of other GLOs.
While there may seem to be loop wholes I just wonder what they may be to keep us from doing what We would like to do in the eyes of the IRS?
Do We desearve better, Yes, We do!
Threaded Mode
