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| Tags: 2006, 990, filed, form, her, polgar, susan |
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#1
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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 |
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#2
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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 |
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#3
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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 |
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#4
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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.. |
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#6
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#7
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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 |
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