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Posted: Sat Jan 14, 2006 3:32 am
by John E
[quote="captain static"]The condolences of the RRGCC go out to the Murray family.
Thanks. I'll convey the message to them.
Posted: Mon Jan 23, 2006 1:39 am
by ynp1
I was just wondering... What happens to the money if they do not raise enough in time? Does it go back to the doners or does the RRGCC keep it?
Posted: Mon Jan 23, 2006 2:37 am
by SCIN
I'll use it for beer.
Posted: Mon Jan 23, 2006 4:04 am
by dipsi
ynp1 wrote:
I was just wondering... What happens to the money if they do not raise enough in time? Does it go back to the doners or does the RRGCC keep it?
I expect the RRGCC will apply whatever is collected toward the note. The remainder will be gathered however it has in the past. It doesn't look like that will be a problem though.
SCIN wrote:
I'll use it for beer.
But, Sir! That wouldn't be nearly enough $$$$$!
Posted: Mon Jan 23, 2006 2:53 pm
by ynp1
thanks for the answer. I like the beer idea. but i wasnt just wondering about the rrgcc, but any group that raises money and then loses whatever they were trying to get or maybe a non-profit group that falls a part. who gets the left over money or land?
Posted: Tue Jan 24, 2006 2:30 am
by captain static
As far as 501(c)(3) non-profits, if the organization is dissolved, anything left over must be distributed for an exempt 501(c)(3) purpose. The By-laws of the RRGCC have a provision for this.
Posted: Tue Jan 24, 2006 3:22 pm
by ynp1
Thanks for the info. Can you go into deeper the by-laws the RRGCC have set up or maybe tell me how to find this information.
Posted: Wed Jan 25, 2006 9:42 pm
by randomboulder
So I read somewhere that the Carolina Climber's Coalition applied for and was awarded some grants to support the Laurel Knob land acquisition from the 1% for the Planet fund. Would this be something the RRGCC should look into also?
http://www.onepercentfortheplanet.org/index.htm
Posted: Wed Jan 25, 2006 9:49 pm
by Christian
I have a separate 501(c) account that all unused not for profit's funds goes into...in Switzerland....It is the "Christian's Dharma Quest Fund"....
Posted: Thu Jan 26, 2006 5:42 pm
by captain static
ynp1 wrote:Thanks for the info. Can you go into deeper the by-laws the RRGCC have set up or maybe tell me how to find this information.
There are 8 pages of By-laws that cover things such as the purpose of the organization; the location of its offices; the make up of the Board of Directors, its manner of acting, and officers; set up of committees and advisory Boards; the Executive Director and staff; and Tax-Exempt provisions. It is all pretty standard stuff for a non-profit. Is there any particular area you are interested in?