I guess you didn't notice that my tongue was firmly in my cheek when I said that. Even though I left Britain 52 years ago, I still practice British understatement. Bill _____
Bill Potts W <http://wfpconsulting.com/> FP Consulting Roseville, CA <http://metric1.org/> http://metric1.org [SI Navigator] _____ From: [email protected] [mailto:[email protected]] On Behalf Of Harry Wyeth Sent: Friday, April 03, 2009 10:22 To: U.S. Metric Association Cc: U.S. Metric Association Subject: [USMA:44291] 501 (c)(3) status Loss of tax exempt status is about as severe as it comes. Tax exempt organizations depend on deductible donations as their life blood. Being a lobbying organization is being in a separate universe. HARRY WYETH Bill Potts wrote: As I understand it, 501(c)(3) corporations are not completely prohibited from lobbying. The proportion of their time or funds that can be used for lobbying activities is, however, strictly limited. The penalty for lobbying isn't severe -- just loss of tax-exempt status.
