Tiki Central / Other Events / OHANA: Luau by the Sea 2016 tix on sale now!
Post #768060 by rev_thumper on Wed, Aug 31, 2016 12:44 PM
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rev_thumper
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Wed, Aug 31, 2016 12:44 PM
Sorry, Chip, seems like a couple questions have been raised that should get an answer.
You are incorrect. Donations to the Easter Island Foundation by the FOM have increased steadily from $1,252 in 2009 to $11,500 in 2015. Not all of our events benefit EIF so total giving was higher obviously. As Bargoyle mentioned, and as you and I have discussed in the past, our tax filings are public record and our larger donations are announced on our public blog and social media so the numbers are out there.
Let's cut to the chase, you're asking if proceeds from charity events are used for other purposes. They are not. We pay our fraternal costs with membership dues and fees (and sometimes proceeds from non-charity events but they usually lose money to be honest). We keep the fundraising event money separate and only use it for charitable purposes. And yes, some of that money gets held back. We do that so we have seed money for future events because hotels and caterers and entertainers and mug makers sometimes want deposits before ticket sales open. We also keep a rainy day fund in case one of our charity partners has a crisis and needs support. And so we can keep our commitments if, for some reason, we're unable to fundraise enough in a given year.
Also incorrect. We are tax exempt because we are a nonprofit fraternal order. Giving money to charity is just something we do for fun, it is not required. But it is so much fun that we decided to create a foundation that is both nonprofit [u]and[/u] charitable because we think we can do more. Back on topic.... There's this Ohana thing in a few weeks, people should go. It is Fun With A Purpose. -Rev [ Edited by: rev_thumper 2016-08-31 12:45 ] |