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Re: So. Cal. Book Tour
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Khbon-@aol.com
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May 23, 2007 17:33 PDT
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In a message dated 5/18/2007 1:37:57 P.M. Pacific Daylight Time, B Kirkhart
writes:
In a message dated 5/18/2007 1:33:34 PM Pacific Daylight Time,
sbec-@sbcglobal.net writes:
Can we as a non-profit support a commercial endeavor? What does that do to
our
non-profit status?
Promoting a freethought book is well within our rights as a non-profit
educational organization. In that regard, it's no different from promoting
speakers or publishing a newsletter.
Would we pay taxes on anything we earned?
Possibly. (Such a problem I wouldn't mind having! :-)
I'm afraid it could be more complicated than that. We are not simply
promoting a book, we are investing in a venture. If we decided this was something
we wanted to do, we would have to consult a lawyer.
Bobbie
Consult a lawyer? There goes any profit we might accrue? Check with Bob
Seeman, _rse-@pacbell.net_ (mailto:rsee-@pacbell.net) .
Ken
************************************** See what's free at http://www.aol.com.
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