Re: Savings Account
James A. Sheckels (sheckej@EARTHLINK.NET)
Tue, 3 Sep 1996 19:47:41 -0700
JJMSR is right on target - a BSA unit's tax exempt status is actually
determined by the sponsor's exempt status. The sponsor has the status, thus
the tax number OR the section of the tax code which blanket designates
certain type organizations as tax exempt. No "certificate" is required if
the organization is blanket covered. I've never had one, neither has my
church. We get our taxes paid reimbursed every six months after the church
treasurer turns in a report to the IRS(?) and gets a reimbursement for taxes
spent during that six month period. Every group belonging to the church
Not sure exactly how this works with GSUSA, as they are not sponsored by the
organizations where they meet, but rather are owned by their councils.
Chime in Girl Scouts and let us know!
JJ Miller wrote:
>The only caveat is that a troop or pack is not a legal entity in and of itself.
>It is a part of the Council, and it belongs to the sponsor. In practicality,
>that means it cannot have its own Tax ID number required to open an
>account and therefore must use the tax ID # of the sponsor.
>James J. Miller, Sr. <JJMSR@lsfcu.org>
>President, Liberty Savings Federal Credit Union
YIS, Jim Sheckels - I used to be a Bobwhite...SE 308-7 '82/'72-WWW-B'Hood
CR & CC Troop 742, Hope Mills United Methodist Church, NC
Member of NAUMS/District Advancement & Training Committee
3501 Farm Circle Rd, Fayetteville, NC 28306-8303
Scouting IS NOT an exact science, so use your brain - noone else is! <]:->
Terry Howerton Sakima Group, Inc. SCOUTER Magazine Kansas City