- Jan 3, 2010
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The practice is called a "non-profit/for-profit collaboration" in business and they provide a lot of good for everyone involved. And no, that doesn't mean the for-profit should provide 100% funding to the non-profit they collaborate with, it's a two way beneficial relationship.
Go read the comments from the donors: "Way to go Mawia! So proud of you!" "What an honor and awesome opportunity! So proud and happy for you!" "We love you Ed, so proud!" "So excited for you! Can't wait to follow you in this journey!" "Congrats Britt! What an awesome opportunity for an awesome girl!"
What you consider "tacky" provided some pretty uplifting comments and support from family and friends and at no expense or inconvenience to you.
Adamant defense? All I've ever said, and provided articles, is STP is about government facilities that are built specifically to bring in tourism and cities get the revenue off of their city hotel taxes. Those that can bring the money get the venues and dates they want. My defending only goes as far as understanding their dilemma of needing limited large venues on specific dates. I will also "defend" STP when people say the hotel prices are always more expensive, that's just not true. I find yours and others Varsity hate rather entertaining, but when the comments are blatantly false, I speak up. If that's your definition of "adamant defense", so be it.
The practice in tax law is called inurement. All other sports governing bodies are registered as 501C 3 NOT 501 C 6 as in the case of ICU And USA Cheer. Why not them? Possible they applied and their articles of incorporation and bylaws did not pass the litmus test to be organized as a C3? All Olympic sport governing bodies that I have found are C 3s in keeping with the spirit of the Ted Stevens Act. Inurement forbids the use of tax exempt organizations to directly or indirectly unduly benefit an individual or person that has a close relationship with the organization OR is able to exercise significant control over the organization (Wikipedia). There is so much more to this than simply governing structure, tax law etc but more importantly what happens on the path to the governance. The “greater good” as should be the case in any non profit deserves a shot at freedom from conflict of interest, elected officials without ties to the profit sector, published board meeting minutes, etc . Add insult to injury and reread many threads on this board where banning and blocking anticompetitive behavior occurred and I am not so sure that people are cynical or haters... perhaps a bit more than that.