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  • From: list@ginda.us
  • To: NAFEX <nafex@lists.ibiblio.org>
  • Subject: Re: [NAFEX] Board Response
  • Date: Thu, 28 Oct 2004 23:35:55 -0400

I was wondering the same thing. What sort of corporation can't accept gifts? Even if it can't accept outright gifts, I assume it could "sell" something of little intrinsic value, such as a certificate, for a substantial sum. There's bound to be some fundraising possibilities without changing corporate status.

"Tax" returns for a nonprofit are kind of a pain. (Having been responsible for filling them out one year for a local organization.) Just something to think about.


On Oct 28, 2004, at 11:24 PM, Ribes60@aol.com wrote:

Very good response, Eathan but I do not agree 100%. I doubt that you can not accept donations to NAFEX, they would not be deductable from the donors Fed taxex as you are not 501C1. I think that you could accept them as gifts.
 
Ed Mashburn
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