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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. |
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! ***** ****************************************** |
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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