2010: Tax-exempt certificate received
Charitable donations to local causes supported by the
Fayette Rotary Club
now will be tax-exempt. Club officials received word this week from
Secretary of State Robin
Carnahan that the club local foundation has received a 501(c)3
certificate. Heretofore, only contributions flowing through the
International Rotary Foundation had been tax exempt. Displaying the
certificate here are club President Terry Furstenau, left, and member
O.A. Robinson who had spearheaded the effort.
In recent weeks the Fayette Rotary Club membership has voted to create a
tax-exempt, 501-C3 corporation, to assist the Club in achieving its
goals. When recognized by government, the status will enable
members to donate to the foundation and get a charitable tax deduction.
Current Club activities will be separated into those that meet the
Foundation criteria and those that are not. For example, the
donations for the recent public school sound system and donations for
the Fayette Food Pantry would be handled by the Foundation. Weekly
meals are not charitable donations and would be handled by the Fayette
Rotary Club organization.
At the February 3, 2010 meeting, the local Rotary Club elected
Board members for the new organization. The officers for the local
Rotary Foundation are as follows:
||O. A. "Berre"
This initiative is being spear-headed by President Terry Furstenau
and former President Deb Miller. The goal is to have the new
Foundation functional for the next fiscal year (July 1, 2010.)