A Chess forum. ChessBanter

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Go Back   Home » ChessBanter forum » Chess Newsgroups » rec.games.chess.misc (Chess General)
Site Map Home Register Authors List Search Today's Posts Mark Forums Read Web Partners

Tags: , , , , , ,

Susan Polgar has filed her Form 990 for 2006



 
 
Thread Tools Display Modes
  #1  
Old July 15th 07, 02:09 AM posted to rec.games.chess.politics,rec.games.chess.misc,soc.org.nonprofit,misc.taxes,alt.chess
samsloan
external usenet poster
 
Posts: 8,667
Default Susan Polgar has filed her Form 990 for 2006

Here's the filing for the SPF 990 filed in March, 2007.
http://www.guidestar.org/FinDocument...02e281f2-Z.pdf

Total revenue, $91,102.

It is interesting to examine this document. It lists only one grant
awarded for the entire year 2006. That is: GRANT GIVEN TO YOUNG
PROMISING CHESS STUDENT TO FURTHER HER LEARNING AND SKILLS IN THE
FIELD OF CHESS $4888

Even this does not quite seem on the up-and-up. I wonder who got the
$4,888 and what she did with it.

More pertinent to the issues before us, however, is the fact that
Susan is running for the USCF board and claims that, if elected, she
will bring in millions of dollars in sponsorship money. Her Susan
Polgar Foundation is a 501(c)(3) to which contributions are tax
deductible. However, the USCF is a 501(c)(4) with no tax write off
available. If Susan cannot get anyone to donate to her foundation, how
can she except them to donate millions to the USCF with her at the
helm?

I believe that much of the $91,102 represents entry fees into her
chess tournaments. Another little question is when Susan makes her
celebrity appearances she asks that checks for her payment be made to
the Susan Polgar Foundation. I realize that this is a very small time
tax scam but I feel that it should be noted.

Sam Sloan

Ads
  #2  
Old July 15th 07, 02:14 AM posted to rec.games.chess.politics,rec.games.chess.misc,soc.org.nonprofit,misc.taxes,alt.chess
EZoto
external usenet poster
 
Posts: 292
Default Susan Polgar has filed her Form 990 for 2006


I believe she can get a big time sponsor. The Polgars are world
renown so she can get a good sponsor and hopefully a big one. Now as
for you getting a big sponsor............................

EZoto
  #3  
Old July 15th 07, 02:19 AM posted to rec.games.chess.politics,rec.games.chess.misc,soc.org.nonprofit,misc.taxes,alt.chess
marcus@stkittsnevischess.org
external usenet poster
 
Posts: 781
Default Susan Polgar has filed her Form 990 for 2006

On Jul 14, 8:14 pm, EZoto wrote:
I believe she can get a big time sponsor. The Polgars are world
renown so she can get a good sponsor and hopefully a big one. Now as
for you getting a big sponsor............................

EZoto


How much money do you need to be a big sponsor, boys? This is one big
joke. Kirsan and I could blow this little girl off the map with money.

Marcus Roberts

  #4  
Old July 15th 07, 02:33 AM posted to rec.games.chess.misc
SAT W-7
external usenet poster
 
Posts: 913
Default Susan Polgar has filed her Form 990 for 2006

wish i made that much money ..

I think she can get a sponsor too ..

By the way the USA Womans Chess Championship starts in a few days and
the total prize money for that is 25,000 so that tells me that amount
is big money for a ladies tournament... That amount will be split
between I0 ladies..
Now if she wants a mens tournament she will have to get more money
than that if a big name plays and i think she can find some one.
I know Bill Gates likes chess she should ask him..

  #7  
Old July 15th 07, 08:31 PM posted to rec.games.chess.politics,rec.games.chess.misc,soc.org.nonprofit,misc.taxes,alt.chess
David E. Ross
external usenet poster
 
Posts: 3
Default Susan Polgar has filed her Form 990 for 2006

On 7/14/2007 6:09 PM, samsloan wrote:
Here's the filing for the SPF 990 filed in March, 2007.
http://www.guidestar.org/FinDocument...02e281f2-Z.pdf

Total revenue, $91,102.

It is interesting to examine this document. It lists only one grant
awarded for the entire year 2006. That is: GRANT GIVEN TO YOUNG
PROMISING CHESS STUDENT TO FURTHER HER LEARNING AND SKILLS IN THE
FIELD OF CHESS $4888

Even this does not quite seem on the up-and-up. I wonder who got the
$4,888 and what she did with it.

More pertinent to the issues before us, however, is the fact that
Susan is running for the USCF board and claims that, if elected, she
will bring in millions of dollars in sponsorship money. Her Susan
Polgar Foundation is a 501(c)(3) to which contributions are tax
deductible. However, the USCF is a 501(c)(4) with no tax write off
available. If Susan cannot get anyone to donate to her foundation, how
can she except them to donate millions to the USCF with her at the
helm?

I believe that much of the $91,102 represents entry fees into her
chess tournaments. Another little question is when Susan makes her
celebrity appearances she asks that checks for her payment be made to
the Susan Polgar Foundation. I realize that this is a very small time
tax scam but I feel that it should be noted.

Sam Sloan


The instructions for Form 990-EZ indicate that line 10 requires a
statement that includes the names and addresses of grantees. This is
not just for the "young promising chess player" but also for the
donations to schools and possibly for event prizes. While the statement
itemizing the grants is there (last page), the names and adresses of the
grantees are missing.

--

David E. Ross
http://www.rossde.com/.

Don't ask "Why is there road rage?" Instead, ask
"Why NOT Road Rage?" or "Why Is There No Such
Thing as Fast Enough?"
http://www.rossde.com/roadrage.html
 




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Susan Polgar has filed her Form 990 for 2006 samsloan rec.games.chess.politics (Chess Politics) 5 July 15th 07 08:31 PM
Polgar's Idea of Free Speech--???! Vidmar rec.games.chess.politics (Chess Politics) 1 May 7th 07 11:04 PM
USCF Issues Forum: "Five Sam Sloan Fabrications in a Single Post! (New record?)" politikalhack@gmail.com rec.games.chess.politics (Chess Politics) 0 February 10th 07 06:59 PM
Larry Parr visits Sam Sloan's websites to learn about Pokémon politikalhack@gmail.com rec.games.chess.politics (Chess Politics) 57 January 30th 07 02:43 PM
Response to Ethics Complaint by Herbert Rodney Vaughn samsloan rec.games.chess.misc (Chess General) 3 January 14th 07 01:41 AM


All times are GMT +1. The time now is 06:14 AM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.Content Relevant URLs by vBSEO 2.4.0
Copyright ©2004-2008 ChessBanter, part of the NewsgroupBanter project.
The comments are property of their posters.
Loan - Debt Help - Proxy - Pacotes Carnaval Salvador - Car Credit