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Reginald P. Smithers May 30th 06 09:55 PM

A charitable question...
 
Tom Francis wrote:
I had a great experience this weekend involving some kids, wheelchairs
and parents.

To make a long story short, I've kind of half-baked this idea last
evening and mulled it over today and wondered if anybody has ever been
involved with setting up a charitable foundation.

Anybody?


http://www.suntimes.com/output/savag...-terry261.html

http://moneycentral.msn.com/content/...yle/P40073.asp

While there are many good charitable foundations, there are some that
are scams so individuals can write off their personal expenses. I
volunteered to worked with one woman who set up a charity foundation for
inner city kids to have exposure to horses and horse back riding. In
reality she was using her "foundation" to write off her expenses and use
this "foundation" as a venue to request donations from the major
foundations.
--
Reggie

That's my story and I am sticking to it.

JohnH May 30th 06 10:05 PM

A charitable question...
 
On Tue, 30 May 2006 16:55:37 -0400, "Reginald P. Smithers"
wrote:

Tom Francis wrote:
I had a great experience this weekend involving some kids, wheelchairs
and parents.

To make a long story short, I've kind of half-baked this idea last
evening and mulled it over today and wondered if anybody has ever been
involved with setting up a charitable foundation.

Anybody?


http://www.suntimes.com/output/savag...-terry261.html

http://moneycentral.msn.com/content/...yle/P40073.asp

While there are many good charitable foundations, there are some that
are scams so individuals can write off their personal expenses. I
volunteered to worked with one woman who set up a charity foundation for
inner city kids to have exposure to horses and horse back riding. In
reality she was using her "foundation" to write off her expenses and use
this "foundation" as a venue to request donations from the major
foundations.


I wonder if inner city kids like fishing on Grady Whites?
--
'Til next time,

John H

******************************************
***** Have a Spectacular Day! *****
******************************************

Reginald P. Smithers May 30th 06 10:22 PM

A charitable question...
 
JohnH wrote:
On Tue, 30 May 2006 16:55:37 -0400, "Reginald P. Smithers"
wrote:

Tom Francis wrote:
I had a great experience this weekend involving some kids, wheelchairs
and parents.

To make a long story short, I've kind of half-baked this idea last
evening and mulled it over today and wondered if anybody has ever been
involved with setting up a charitable foundation.

Anybody?

http://www.suntimes.com/output/savag...-terry261.html

http://moneycentral.msn.com/content/...yle/P40073.asp

While there are many good charitable foundations, there are some that
are scams so individuals can write off their personal expenses. I
volunteered to worked with one woman who set up a charity foundation for
inner city kids to have exposure to horses and horse back riding. In
reality she was using her "foundation" to write off her expenses and use
this "foundation" as a venue to request donations from the major
foundations.


I wonder if inner city kids like fishing on Grady Whites?
--
'Til next time,

John H

******************************************
***** Have a Spectacular Day! *****
******************************************


I am sure they do, and if you really provided the experience for inner
city kids, handicap kids etc, you could probably get a tax write off and
support from major trusts . In the 2 months I volunteered she was
always talking about the kids, but she never had any out to her horse
farm. When I looked over a few of her proposals, I had a strong feeling
this was a scam, so I stopped volunteering.

--
Reggie

That's my story and I am sticking to it.


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