<VV> More on Idea number 1

[Bill Hubbell]

An endowment fund already exists for the CPF, such that individuals can
arrange to donate items for tax credit.  People could still decide to donate
to CORSA, but they would not be able to get a tax exemption.

Bill Hubbell

-----Original Message-----
From: virtualvairs-bounces at corvair.org
[mailto:virtualvairs-bounces at corvair.org] On Behalf Of Dennis Pleau
Sent: Sunday, February 15, 2009 7:09 PM
To: virtualvairs at corvair.org
Subject: Re: <VV> More on Idea number 1

Under the IRS code, CORSA doesn't qualify as a (C) (3).  Although we have
recent learned IRS laws are just suggestions.  The CPF qualifies and is a
(c) (3).

Dennis

-----Original Message-----
From: virtualvairs-bounces at corvair.org
[mailto:virtualvairs-bounces at corvair.org] On Behalf Of henry kaczmarek
Sent: Sunday, February 15, 2009 3:48 PM
To: BobHelt at aol.com; corsabod at corvair.org; virtualvairs at corvair.org
Subject: Re: <VV> More on Idea number 1

the money to CORSA.

If CORSA isn't already a 501 (c) (3) non profit, a whole bunch of people on 
the BoD are asleep at the switch, and that goes back a long time.

Hank


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