[Foundation-l] Fundraising season launch
James Redmond
jim at scrubnugget.com
Tue Oct 10 03:16:02 UTC 2006
On Oct 9, 2006, at 3:42 PM, Ray Saintonge wrote:
> It would be nice if proper financial reports were made available befor
> the start of another round of fundraising. We owe it to potential
> donors to let them know that we believe in fiscal responsibility.
Under US law, the Foundation is required to provide copies of its
three most recent 990s* to anyone who requests them. It should be
trivial to post them in PDF format on the Foundation site as
other .orgs have done.
A summary of audit findings may not be a bad idea either, but there
is no obligation to post those.
*"990" is the number of the form used by non-profit organizations to
report their revenue and expenses to the US Internal Revenue Service,
the federal tax agency. (My new project: clean up the relevant en:
article.)
Jim Redmond
jim at scrubnugget.com
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