[Foundation-l] Mission & Vision statement updated

Jeff V. Merkey jmerkey at wolfmountaingroup.com
Wed Apr 25 21:10:00 UTC 2007

daniwo59 at aol.com wrote:

>Just a quick point here: the Foundation may not change its mission  statement 
>without an official determination letter from the IRS. If the mission  is 
>changed substantially (and that is determined by the IRS, not the WMF mailing  
>list), the Foundation could lose its 501 c 3 accreditation. 
>I am confident that the Board is aware of this, but do suggest that the  word 
>"draft" be included with every newly formatted mission statement so that  
>there is no misunderstanding.

As has been previously pointed out by many other folks, a lot of this 
needs to be vetted by an attorney
before publication. Erik is well-intended and has the foundations best 
interests at heart, and of that
there is no doubt, but still, when dealing with IRS regulations, it is 
always wise to consult an attorney
before proceeding.



More information about the foundation-l mailing list