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Old 08-03-2014, 08:46 AM   #1
Milton Goldin
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Default 501(c)3 animal shelter - Georgia

Can a 501(c)3 animal shelter/rescue corporation use grants and donation to purchase property suitable for such fostering as is carried out under the corporation's mission statement and then make the existing residence on the property available to qualified fosters? If the fosters using the residence are board members, could the 501(c)3 rent the residence to said board members for the purpose of sheltering and fostering rescued animals?

I am located in Houston County, GA. Thank you for your help.
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Old 08-03-2014, 09:35 AM   #2
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Default re: 501(c)3 animal shelter - Georgia

I wish to inform you that non profit can perform those functions which further the purposes of the organization. In this regard if residence has been provided to person who are involved in day to day functioning then it may be justified on the ground that person staying can take care of animals. Further such a resolution may be passed by members of non profit in a meeting so that there is no objection at a later stage.

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Old 08-03-2014, 10:00 AM   #3
Milton Goldin
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Default Re: 501(c)3 animal shelter - Georgia

Thank you very much. That is most helpful.
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Old 08-03-2014, 10:17 AM   #4
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Default Re: 501(c)3 animal shelter - Georgia

I disagree. A non profit cannot engage in business such that it benefits the officers personally. This would violate your tax exempt status. Doing this must be counted as a benefit and the officers must be taxed appropriately.
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Old 08-03-2014, 10:40 AM   #5
Milton Goldin
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Default Re: 501(c)3 animal shelter - Georgia

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I disagree. A non profit cannot engage in business such that it benefits the officers personally. This would violate your tax exempt status. Doing this must be counted as a benefit and the officers must be taxed appropriately.
What would the appropriate tax? Or would you suggest having a rental/lease arrangement at a fair market rate? Thanks for your help.
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Old 08-03-2014, 12:37 PM   #6
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Default Re: 501(c)3 animal shelter - Georgia

A rental/lease at fair market rate would be appropriate.
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Due to a recent promotion, I should now be referred to as Major Obvious.

I would not be trying to provide information and knowledge if I did not sympathize.

Some days it is just not worth chewing through the restraints to face life.
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Old 08-03-2014, 02:29 PM   #7
Milton Goldin
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Default Re: 501(c)3 animal shelter - Georgia

Feel free to not respond if you feel this question is inappropriate; no offense will be taken. What are you Major Obvious Of? Just curious.
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Old 08-03-2014, 09:26 PM   #8
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Default Re: 501(c)3 animal shelter - Georgia

ROFL Have you ever heard the saying "Not to be Captain Obvious"?

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Feel free to not respond if you feel this question is inappropriate; no offense will be taken. What are you Major Obvious Of? Just curious.
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Old 08-04-2014, 05:28 PM   #9
Milton Goldin
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Default Re: 501(c)3 animal shelter - Georgia

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ROFL Have you ever heard the saying "Not to be Captain Obvious"?
Uhhhhhhhhhhhhhh...........hhhhhhhhhhhhhmmmmmmmmmmm ...........No??????????? I should have just "Googled" it. But that wouldn't have been much fun, would it??????
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Old 08-04-2014, 08:02 PM   #10
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Default Re: 501(c)3 animal shelter - Georgia

Captain Obvious - Uncyclopedia, the content-free encyclopedia

I am sure my fellow member on this and other forums would attest to my heroic abilities. You should also read the poem entitled The Disagreeable Man, by W.S. Gilbert.
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Originally Posted by Milton Goldin View Post
Uhhhhhhhhhhhhhh...........hhhhhhhhhhhhhmmmmmmmmmmm ...........No??????????? I should have just "Googled" it. But that wouldn't have been much fun, would it??????
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I would not be trying to provide information and knowledge if I did not sympathize.

Some days it is just not worth chewing through the restraints to face life.
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