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

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

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

On Sun, 15 Jul 2007 01:19:07 -0000,
wrote:

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

Dude. I responded to Sam Sloan. Not to you. What the heck are you
responding for? Did you push the wrong button? I didn't say anything
to you.

EZoto

EZoto wrote:
On Sun, 15 Jul 2007 01:19:07 -0000,
wrote:

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

Dude. I responded to Sam Sloan. Not to you. What the heck are you
responding for? Did you push the wrong button? I didn't say anything
to you.

EZoto

Hi!

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