Re: Troop Funds
Josh Miller (highland@NS.CENCOM.NET)
Mon, 24 Apr 1995 19:27:38 -0500
>I don't know where that comes from, but Troop 16 is a legal entity in the
>of NY. We have our own Tax Exempt number and everything so that our
>purchases are tax free and donations are tax deductible. The tax exemption
>also seems to free us from certain vendor requriements when selling popcorn,
>snow cones, etc as fundraisers.
Tax Exempt and tax deductible are 2 different concepts every scout unit in
the state of Illinois is tax exempt. This is a status given by the
individual states only the federal IRS can grant 501 c 3 status. And yes
some scout units will go through the necessary articles of incorporation to
become a 501 c 3 but they are few in number.
Terry Howerton Sakima Group, Inc. SCOUTER Magazine Kansas City