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Originally Posted by 72lions
The Foundation, if established would be a Florida corporation organized under IRS Code 501(C)(3) which requires detailed records, a Board and Officer structure and annual federal tax filing. I have extensive experience in running and serving on non profit Boards, but my personal interest at present is gauging if there is sufficient support at this important time when initial funding support could be a true community effort. Fe3l free to send questions or an expression of support to VillagesCFoundation@gmail.com.
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Is there any sunset clause or does this Foundation run in perpetuity? What about the Solumam? family who operates many restaurants in the Villages but has a son who often is in the paper for beating on his girlfriend. Does he get gifted too? Who decides worthiness of the beneficiaries?