Quote Originally Posted by Gunchie View Post
I wouldn't say 'lost'. IMBA is doing great things at a higher level to help empower local clubs like ourselves. You may not see it helping us as a local club just yet, but when it's time to fight the good fight to make a truly epic trail system it's critical to have them in our corner. Okay, so we as a club don't get that $28, but that's peanuts compared to the thousands of dollars we're NOT getting right now from charitable donations because donations to FORC are NOT tax deductible.
FORC actually has received thousands of dollars in donations, as well as a $5,000 grant just this year. It has been said that a couple companies would have been willing to donate more if we were 501(c)(3), but regardless of the information that Drew posted earlier, I know FOR A FACT that at least two companies have claimed their donations to FORC on their taxes. What kind of actual "deduction" they received, I have no idea.