LBO-talk's favorite charities?

[Nathan Newman]

Oh don't get me started :)  No, the Guild nationally is a c(4) organization,
and the local chapters are a mixture of c(4)s and unincorporated
associations, with a couple of projects like the National Immigration
Project incorporated separately as c(3)s.

There is no reason under the law for the Guild not to be a c(3), since we do
so little lobbying, but there you go.

However, if anyone wants to contribute, there is a separate Guild
Foundation, which does fundraising on behalf of the Guild-- mostly receiving
bequests and donations from people who want the tax writeoff.

Politically, it's a nightmare waiting to happen, since trying to deal with
the tax laws this way by separating a c(3) fundraising arm from a main c(4)
political arm creates great opportunity for a political split to lead to the
small number of "trustees" on the c(3) arm to walk off with the money.  This
actually happened to the CPUSA when it split in the early 90s, with the
northern California c(3) foundations going over to the Committees of
Correspondence, leading to protracted painful litigation.

But everything is copacetic at the moment so no worries if people want to
send a check.

-- Nathan Newman

----- Original Message -----
From: "andie nachgeborenen" <andie_nachgeborenen at yahoo.com>
To: <lbo-talk at lists.panix.com>
Sent: Wednesday, January 29, 2003 2:51 PM
Subject: RE: LBO-talk's favorite charities?


>
> And, for balance, a group I'm not involved in, the
> National Lawyers Guild,
> www.nlg.org--we're gonna need 'em.  Dunno if it's
> (c)3 or not.
>
> Jenny Brown

I am pretty sure that we are. Nathan?

jks

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