Public Appeal for Support
Date: Sunday, February 13, 2005 @ 10:46:02 UTC
Topic: Customers
From Tim Ventura: Dear Everybody:
American Antigravity is transforming itself into a non-profit organization to better serve the needs of the online AG & alt-science communities. We're already incorporated as a 501c3, but in order to meet the tax requirements we must hire a firm to complete our 1023 paper before becoming tax-exempt.
I'm asking for support from the community to put together the required $1,500 USD to meet the fees for the IRS.
If you can contribute to this fund, please call me at 425-260-4175 or respond via my personal email at tventura6@comcast.net for additional information.
Also, please note that this would not be an investment, and it would not be a tax-deductible donation (as that is precisely why we have to pay the IRS).
My goal as a non-profit is to gradually expand news coverage & begin financing some of the more promising experiments & inventors that we've all been discussing for several years. However, I cannot solicit for donations on-air or in print until we have filed our 1023 paperwork, which has become a bit of a catch-22. Upon filing, there is a window until the paperwork is validated in which we can collect donations, but cannot spend them until IRS approval. However, I believe that our case is compelling enough to build public interest in a manner similar to the X-Prize contest.
Sincerely;
Tim Ventura
http://www.americanantigravity.com
Mobile: 425-260-4175
tventura6@comcast.net
|
|