Troop Funds
Bob McGwier (n4hy@CCR-P.IDA.ORG)
Wed, 26 Apr 1995 11:43:24 -0400
>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.
>Steve Miller
I do not understand your last sentence. Since when does any state allow
an entity that wholly owned and has no seperate corporate identity allowable
by the charter granted it by BSA to do what you have suggested they can.
What would be allowable is for parents and committee members in BSA units to
set up a "Troop ABC Foundation" as a tax exempt entity whose sole purpose is
solicitation of tax deductible donations which will be used to support the
troop. The Foundation could retain ownership of the monies and equipment
it purchases for use by the troop. Then the Salvation Army people mentioned
in Josh's original article will not be able to touch the money or donations
in kind.
Josh has to work these things out working with the Salvation Army folks who
have misled/deceived him or who on the other hand may have been misunderstood.
The chartering process in BSA is clear however. The unit in question, its
money and equipment are OWNED by the Salvation Army chapter that chartered
the unit.
Bob
Dr. Robert W. McGwier | n4hy@ccr-p.ida.org: ham radio, scouts,
Center for Communications Research | astronomy, golf (o yea, & math!) ASM
Princeton, N.J. 08520 | Troop 5700, ACM Pack 53, Sanhican #2 WWW,
(609)-279-6240(v) (609)-924-3061(f)| District and Council Activities Chair.
(609-443-8963 (h) | I used to be a Buffalo . . . NE III-120
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