Mark R Dobyns Jones wrote:
> SPI's board and major projects must obtain some real tax and legal
> advice from genuinely knowlegeable individuals on the topic under
> discussion, not the speculation of non-experts. It would be money
> well-spent, for all of SPI's future projects.
>
Uh-huh. The hand-waving in this discussion has been a little silly. SPI
used to have counsel for this, and probably still does and isn't asking
them.
Those who are interested in the 501(c)3 rules can peruse Publication 557
at http://www.irs.gov/charities/charitable/article/0,,id=96099,00.html
Thanks
Bruce