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before meeting thursday
one specific thing that needs to be brought up at the meeting is the tax bracket that the community garden participants will be in. Reason: We are receiving donations from Earth Fare as well as other companies, institutions, etc. in the near future. To begin with Earth Fare will not donate to us if we do not have our 501c3 and in order to obtain this and the community garden to be an initiative of ACPS we have to help "a non-privileged class" as opposed to allowing just anyone to participate. This is similar to the way Hunger Coalition chooses their clients as well as any other 501c3 non-profit. I hate to bring this up on such short notice but I had to confirm it with the IRS and this IS the case. Matt Cooper can explain the way this is handled at the HC as well as I can explain what the IRS has told me. This is necessary for future grants, funding (fundraisers might not sustain us, we will have to pay taxes on the money raised which is quite a bit), donations, and on a neo-pragmatic note it will help ACPS in acquiring future grants as well as it is an initiative of ACPS. We are presently struggling with showing granters tangible proof of what we are doing. Anyway I will explain further at the meeting, oh yea forgot to mention, we can have a section for the schools use...501c3 collaboration is not prohibited (i.e. University is 501c3)
Thanx and I hope all is well for everyone,
Eric


you may want to consider
you may want to consider going under an umbrella organization for the first year -- they already have a 501c3 status, you report to them. there may need some clarifications about who handles money, responsibilies, etc.
i suggest you contact sue counts at the cooperative extension service for more insight about this.
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