[bkcunningham1]

A story in the Tuesday edition of TV's Daily Sun tells a heartwarming story of a family who lost their wife, mother, sister, dauther, daughter-in-law, et al, to cancer.

In order to help raise funds and support the new cancer center, the family is sponsoring a fundraising concert, Doo Wop Under the Stars, on Oct. 21 at the Polo Fields. Charlie Thomas’ The Drifters is the featured entertainment.

If you go to the Daily Sun website and look under News and then Local you will see the story.

Tickets are on sale at The Villages Box Office.

[BigLew]

to my understanding, "donations"to for profit enterprises are called investments. What percentage of the profit do the benefactors get? Since Morse is "financing the construction" I would guess that unless he is donating back the interest, he will profit. The operation of the center will generate a profit. The moral thing to do would be to ask for investors, but I strongly understand why a person who has been impacted by cancer might want to donate.By the way, you all like bread, I am building a bakery could you find it in your hearts to donate $200,000 for the equipment? :-)

[barb1191]

BINGO!!!!! Exactly right on BigLew

[Russ_Boston]

Originally Posted by barb1191

BINGO!!!!! Exactly right on BigLew

I have a good idea:

DON'T DONATE THEN!!!!


No one is forcing you or anyone else. No one is being duped.

[ldj1938]

Originally Posted by BigLew

to my understanding, "donations"to for profit enterprises are called investments. What percentage of the profit do the benefactors get? Since Morse is "financing the construction" I would guess that unless he is donating back the interest, he will profit. The operation of the center will generate a profit. The moral thing to do would be to ask for investors, but I strongly understand why a person who has been impacted by cancer might want to donate.By the way, you all like bread, I am building a bakery could you find it in your hearts to donate $200,000 for the equipment? :-)

I suspect your bread may taste a little bitter!

[dillywho]

For the life of me, I can't understand why some people spend so much time worring about what the Morse family does or does not make. I have enough on my own plate without concerning myself with anyone else's business. Russ has it right....not one person is being forced to donate nor will they be forced to go there for treatment once it is built. Again, I don't know of anyone who has been forced to move here or to stay here. If there is a better deal than here, then go for it.

Sorry, don't mean to sound tacky but the constant complaining about the Morse family and their money gets kinda old.

On a side note, wasn't it pointed out earlier in this thread that the hospital system and Moffitt Cancer Centers are not-for-profit entities?

[barb1191]

Originally Posted by Russ_Boston

I have a good idea:

DON'T DONATE THEN!!!!


No one is forcing you or anyone else. No one is being duped.

Chill, Russ. Where did I write about being "forced" to donate? With all due respect, you're entitled to your opinion and I as well am entitled to express my opinion, even if it may not please you.

I happen to be a cancer patient and have contributed much to the cause. You're missing the point.....completely.

[mulligan]

.

[Russ_Boston]

Originally Posted by barb1191

You're missing the point.....completely.

Then please explain the point you are trying to make by agreeing with BigLew's comment.

I'll listen intently to your opinion.

I guess I don't see the problem with a developer donating about 2M to the cause and a cancer center asking for donations to build out the rest. Donate, don't donate, it's your choice.

What is the issue?


FYI: This is from the Moffit Center website: Moffitt Cancer Center is a not-for-profit institution. http://www.moffitt.org/about This was mentioned in an earlier post.

You can have an opinion but let's get the facts right before we accuse people of trying to profit from this venture. And I don't mean just you Barb but you agreed with those who expressed such an opinion (read BigLew's point about investments which you agreed with. BINGO was your word).

[barb1191]

Russ....

This has become "nasty" and I didn't expect personal insults for rendering my opinion. Let's just leave it that we will agree to disagree.

[Indydealmaker]

Number 6: You are asking valid questions. Questions which should have already been answered by a better explanation as to why a "For Profit" corporation should need donations. Why not sell shares rather than seek donations? While it would be fantastic to have this facility here, the marketing value of this is huge for the Developer working toward a final build-out of The Villages. Since this venture is apparently not a charity, the "donation" route seems a bit weird.

After further reading on the internet, it appears that the cancer center foundation is considered a charitable organization. Obviously this information has not been communicated and documented well enough in the newspaper and in this forum. So to modify my earlier statement that the donation route seems weird; it does not seem weird once everyone understands the the cancer center is a charity. I am guessing that this is all you were looking for earlier when you first asked your question.

[Indydealmaker]

Just a dose of reality. A not for profit corporation is simply a legal entity. Trust me. There are plenty of profits and plenty of retained funds earning huge investment income. Never confuse a not for profit corporation with a charity. This does not make them bad. They are just not a charity. However, it does appear that the cancer center is a charity.

[Indydealmaker]

Barb1191, I have only been here a couple of months, but am I correct in observing that anyone simply "questioning" any actions by the Morse Family is tantamount to treason? From what I have read in this thread tonight, no one has accused the developer of anything "shady", yet some of the responses seem seriously disproportionate to the questions.

[Russ_Boston]

Originally Posted by Indydealmaker

From what I have read in this thread tonight, no one has accused the developer of anything "shady", yet some of the responses seem seriously disproportionate to the questions.

I agree Barb - nothing personal.

Bottom line for me: Bringing a Mofitt cancer center to town has NO downside. If Morse makes money out of it indirectly then who cares? If donations are needed to bring it here then so be it. I hope I never need the center but it only enhances my reasons why I feel like TV is THE retirement center in the US.

[Taj44]

Originally Posted by Indydealmaker

Barb1191, I have only been here a couple of months, but am I correct in observing that anyone simply "questioning" any actions by the Morse Family is tantamount to treason? From what I have read in this thread tonight, no one has accused the developer of anything "shady", yet some of the responses seem seriously disproportionate to the questions.

I agree. Some people really get bent out of shape when anything about the Developer or The Villages is questioned. I've had people in this forum tell me I should leave The Villages, because I voiced dissatisfaction with some element of our life here. Just plain foolishness, IMHO. I ignore them. Questioning things is a good thing - it can make for positive change, and in the case of the Morse family, I think it keeps them on their toes. Nothing wrong with that.