<VV> Questions

[John Dozsa]

Mark or others,

Are contributions to any of the three funds you mention considered 
charitable contributions as defined by the Internal Revenue Service?

John

virtualvairs-request at corvair.org wrote:
> "Mark Corbin" <airvair at earthlink.net>
> Date:
> Fri, 10 Aug 2007 10:48:30 -0400
> To:
> "sarahvair at juno.com" <sarahvair at juno.com>, virtualvairs at corvair.org
> 
> Personally, I think that our three most vital funds are, in order, Corsa
> general fund, CPF endowment fund, and the CPF general fund. Those in a
> donating mood should consider these three first and foremost, and as Sarah
> points out, divide large donations accordingly.
> 
> The Corsa general fund ensures the health of the organization, and
> donations will help keep dues costs down. The CPF endowment fund, while
> only accepting donations of $1000 or more, is vital in ensuring that the
> museum property is self-sustaining, and the CPF general fund fills in the
> gap until the endowment fund can take over, in addition to funding needed
> here-and-now projects. BTW, a donation to the CPF endowment fund is a great
> way of memorializing a loved one, as donations can be made in their memory,
> and the fund goes on forever.
> 
> Everything else should come AFTER these three, as they are merely icing on
> the cake.
> 
> -Mark
> 
> 
SNIP ....