[JSR22]

Originally Posted by Cranford61

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?

Nate Suleiman is a COUSIN. He has nothing to with the restaurants!

[Eg_cruz]

Wow...mind blown
Someone says that’s do something good in a very positive post about helping others (the thousands of people out of work in our community) and some how things like “don’t be jealous of the Morris family, You’re poor because of bad choices you made in life and all the other ugly statements made. Makes me just shake my head. No positive feed back .....it’s stuff like this is why people say The Villagers have entitlement issue......have you all forgotten you once worked for a living. Let’s put this situation that we are in day and say in 1990, you are working and you have a family of four and out of nowhere you have a Stay at Home......would you feel the same way as you do today. Just understand no one ask for this so, can we just do our best to remember there are young families out there that are truly scared.

[mamamia54]

America’s Friendliest Hometown!

[CoachKandSportsguy]

my god, people don't understand the difference between optional opt - in question and required opt-out question? The OP question was an optional opt-in question, meaning only people interested should proceed further, a required post on here is not even required. I wish there was a mute or block button for some posters so I don't have to read their verbal diahrea.

The OP wants to do something nice, has some experience, and if he can make it work, great! I can see some of the obstacles and understand the concepts, but am in no position to contribute. But to discourage or to criticize the inquiry of interest is really pretty petty and mean. Sometimes I wonder what I will say when I meet and figure out who some of the very opinionated "I must post my entitled negative opinion to every post I think or feel is idiotic for me."

sportsguy

[kfembry]

I've worked for a community foundation in Indiana. When setting up the foundation, a certain amount of money can be put aside to give grants immediately and the rest of the money is "endowed" and managed by an investment group or board of trustees. They take the profits to use as the "grants". In order to receive a grant, you must apply/comply with a certain criteria. This, of course, is decided by the board. The one I worked for only gave to non-profits for their use in helping the community. It is a great way to help without it being a "handout" to just anyone. At this time of all the uncertainty, giving whatever we can to help others is always a good thing.

[Cranford61]

Originally Posted by kfembry

I've worked for a community foundation in Indiana. When setting up the foundation, a certain amount of money can be put aside to give grants immediately and the rest of the money is "endowed" and managed by an investment group or board of trustees. They take the profits to use as the "grants". In order to receive a grant, you must apply/comply with a certain criteria. This, of course, is decided by the board. The one I worked for only gave to non-profits for their use in helping the community. It is a great way to help without it being a "handout" to just anyone. At this time of all the uncertainty, giving whatever we can to help others is always a good thing.

Does it ever end?

[Bogie Shooter]

Originally Posted by CoachKandSportsguy

my god, people don't understand the difference between optional opt - in question and required opt-out question? The OP question was an optional opt-in question, meaning only people interested should proceed further, a required post on here is not even required. I wish there was a mute or block button for some posters so I don't have to read their verbal diahrea.

The OP wants to do something nice, has some experience, and if he can make it work, great! I can see some of the obstacles and understand the concepts, but am in no position to contribute. But to discourage or to criticize the inquiry of interest is really pretty petty and mean. Sometimes I wonder what I will say when I meet and figure out who some of the very opinionated "I must post my entitled negative opinion to every post I think or feel is idiotic for me."

sportsguy

Look under settings, you can do.

[justjim]

Originally Posted by Gpsma

No...the Morse Family owes nothing to anyone. Im not one to post groveling how they made TV for us, and this is heaven here because of them.

BUT....this is the community your grandfather started with great hopes to give retirees a wonderful place to live.

And not one word from them...billionaires.... just give something..say something...but no..nothing

It might be a bit of a stretch to say “this is heaven here...”. It is a wonderful retirement community.

[charlieo1126@gmail.com]

[QUOTE=72lions;1744438]Here’s an idea. Let The Villages lead the way in supporting those in need. Here’s how:

Assume 100,000 Villagers will receive $1,200. That’s $120 MILLION. Now, assume most don’t really NEED this money and 1 out if every 4 would part with it. Just ask around find a couple of people give it to them they need money now

Let’s set up a Villages Community Foundation registered with the IRS and the State as a bone fide charitable organization.

Take the money - as much as $30 million and start providing gifts, grants and/or loans to our less fortunate workers and business owners as needed.

Who knows, maybe the Morse extended family could throw in a large contribution (tax deductible ) for good measure.

THIS IS NOT A JOKE. I AM VERY SERIOUS.

If you agree, simply post your support now. If you believe you could offer meaningful ideas and would like to help in some way, send me an email and I will start a group.

We owe something to the cashiers, restaurant workers, shop owners and their employees and others who make[/L w just ask around find a couple of people they need it now not later

[kfembry]

Originally Posted by Cranford61

Does it ever end?

Goes into perpetuity.

[davem4616]

Originally Posted by 72lions

Here’s an idea. Let The Villages lead the way in supporting those in need. Here’s how:

Assume 100,000 Villagers will receive $1,200. That’s $120 MILLION. Now, assume most don’t really NEED this money and 1 out if every 4 would part with it.

Let’s set up a Villages Community Foundation registered with the IRS and the State as a bone fide charitable organization.

Take the money - as much as $30 million and start providing gifts, grants and/or loans to our less fortunate workers and business owners as needed.

Who knows, maybe the Morse extended family could throw in a large contribution (tax deductible ) for good measure.

THIS IS NOT A JOKE. I AM VERY SERIOUS.

If you agree, simply post your support now. If you believe you could offer meaningful ideas and would like to help in some way, send me an email and I will start a group.

We owe something to the cashiers, restaurant workers, shop owners and their employees and others who make this a great community.

Thanks for reading.

Dale Smith
Village of Collier
VillagesCFoundation@gmail.com

we decided weeks ago that we'd gift the $2400 we'll be receiving to those in need

we'll do it privately though and we have identified who we'll gift money to

your suggestion, though very well intended, will involve administrative efforts and somewhere along the line someone will want a piece of the action for their time

secondly the last thing I want to see happen is for anyone to get involved in our decisions pertaining to whom, how much, how often and when I help those with less than we have that are in need

BTW, leave the Morse family out of this. I'm sure that the Morse family is already doing a lot to help those in need.

[Challenger]

Originally Posted by 72lions

Here’s an idea. Let The Villages lead the way in supporting those in need. Here’s how:

Assume 100,000 Villagers will receive $1,200. That’s $120 MILLION. Now, assume most don’t really NEED this money and 1 out if every 4 would part with it.

Let’s set up a Villages Community Foundation registered with the IRS and the State as a bone fide charitable organization.

Take the money - as much as $30 million and start providing gifts, grants and/or loans to our less fortunate workers and business owners as needed.

Who knows, maybe the Morse extended family could throw in a large contribution (tax deductible ) for good measure.

THIS IS NOT A JOKE. I AM VERY SERIOUS.

If you agree, simply post your support now. If you believe you could offer meaningful ideas and would like to help in some way, send me an email and I will start a group.

We owe something to the cashiers, restaurant workers, shop owners and their employees and others who make this a great community.

Thanks for reading.

Dale Smith
Village of Collier
VillagesCFoundation@gmail.com

I am a great believer Community Foundations . Was a founding director and chairman of a Foundation in Washington County Maryland (pop 135,000), prior to moving here

That being said we do not need to reinvent the wheel here at this time I know of at least two Community Foundations serving this area which would be happy to establish Donor Advised Funds for the purposes that you describe . There are also many 501c 3 charities serving almost every human need that we could imagine in and around the Village, ie Salvation Army, dozens of child care groups, food banks ----------.

I do enthusiastic support your suggestion that those who do not need stimulus funds, make contributions to existing relief groups. Those of us who are fortunate enough to be free of significant financial issues will most probably " bank" the funds. This accomplishes nothing toward the goal of stimulus. Giving to those who help others will assure that these funds get back into the economy quickly while helping the suffering, sick , hungry, those out of a job and many others.

[Challenger]

Originally Posted by davem4616

we decided weeks ago that we'd gift the $2400 we'll be receiving to those in need

we'll do it privately though and we have identified who we'll gift money to

your suggestion, though very well intended, will involve administrative efforts and somewhere along the line someone will want a piece of the action for their time

secondly the last thing I want to see happen is for anyone to get involved in our decisions pertaining to whom, how much, how often and when I help those with less than we have that are in need

BTW, leave the Morse family out of this. I'm sure that the Morse family is already doing a lot to help those in need.

Yes , but of course you know that so many with no real knowledge, feel compelled to engage in "ad hominem" attacks on the Family.

[Challenger]

[QUOTE=charlieo1126@gmail.com;1744962]

Originally Posted by 72lions

Here’s an idea. Let The Villages lead the way in supporting those in need. Here’s how:

Assume 100,000 Villagers will receive $1,200. That’s $120 MILLION. Now, assume most don’t really NEED this money and 1 out if every 4 would part with it. Just ask around find a couple of people give it to them they need money now

Let’s set up a Villages Community Foundation registered with the IRS and the State as a bone fide charitable organization.

Take the money - as much as $30 million and start providing gifts, grants and/or loans to our less fortunate workers and business owners as needed.

Who knows, maybe the Morse extended family could throw in a large contribution (tax deductible ) for good measure.

THIS IS NOT A JOKE. I AM VERY SERIOUS.

If you agree, simply post your support now. If you believe you could offer meaningful ideas and would like to help in some way, send me an email and I will start a group.

We owe something to the cashiers, restaurant workers, shop owners and their employees and others who make[/L w just ask around find a couple of people they need it now not later

First Step= State approval , new corporation

Next Step - IRS Approval

Third Step - Experienced and very competent people to run it

Time frame = probably 3-6 months if it goes extremely well .


Solution to delay-- use what we already have- Hundreds of human service, and faith based, social agencies and avoid choke points above. The wheel was invented long ago and still works perfectly well.

[BlackhawksFan]

Originally Posted by 72lions

Here’s an idea. Let The Villages lead the way in supporting those in need. Here’s how:

Assume 100,000 Villagers will receive $1,200. That’s $120 MILLION. Now, assume most don’t really NEED this money and 1 out if every 4 would part with it.

Let’s set up a Villages Community Foundation registered with the IRS and the State as a bone fide charitable organization.

Take the money - as much as $30 million and start providing gifts, grants and/or loans to our less fortunate workers and business owners as needed.

Who knows, maybe the Morse extended family could throw in a large contribution (tax deductible ) for good measure.

THIS IS NOT A JOKE. I AM VERY SERIOUS.

If you agree, simply post your support now. If you believe you could offer meaningful ideas and would like to help in some way, send me an email and I will start a group.

We owe something to the cashiers, restaurant workers, shop owners and their employees and others who make this a great community.

Thanks for reading.

Dale Smith
Village of Collier
VillagesCFoundation@gmail.com

Great idea even if you got less than ypur projection a lot of good could be done.

Thanks for thinking of others in this time while some of the respondents can only think of themselves.

This post has surely shown, the good, the bad and the ugly that live within the community walls.