Lion Kimbro wrote:
>
> SATURDAY HOUSE!
>
> TWO ANNOUNCEMENTS (and some questions...):
>
> I. "Anyone have a space for Saturday?"
> II. Permanent Space: Status Update
> III. Questions about NFP/501-3c's
>
>
> III. Questions about NFP/501-3c's.
>
> As part of the space effort, we have some open questions. If anyone
> could contact me with answers, it would be greatly appreciated.
>
> * Does anyone know of a Not-For-Profit (NFP) umbrella organization
> that the Seattle Creative Commons or Saturday House could be
> embodied by?
>
>
try the eos alliance, talk to eric mcwaine and tell him i referred you
> We'd like to get a bank account, and an NFP for space donors to
> name when they issue their write-offs on warehouse space.
>
you can encorporate at the state level as a non profit corporation,
there is no tax exempt status in that. You can then work towards getting
your federally recognized 501(c)3 status. in the mean time you will
have a bank account.
> * Can For-Profit ventures operate within space owned by an NFP?
>
> For example, if people want to start a business from within the
> Seattle Creative Commons' space, how does that work out?
>
>
i don't know of aything that would stop a non profit organization from
providing space at fair market value to a for profit entity. However if
a non profit accepts tax deductible donations, holds a lease the rent on
which is paid by donations or grants and then provides space at below
market or for free to one specific for profit, that could perhaps become
problematic, rather if the space is made available to organizations with
a particular focus regardless of tax exempt status, that might be a
different story.
> Thanks, all!
>
> And again: Please let us know if you know of an event this weekend,
> or if your space is available this weekend or next weekend.
>
>
> >
>
>
--~--~---------~--~----~------------~-------~--~----~
Website: http://saturdayhouse.org/
Post: [email protected]
Unsubscribe: [email protected]
-~----------~----~----~----~------~----~------~--~---
