RCU Forums - View Single Post - AMA Foundation Sweepstakes, NICE!

10-18-2016, 08:22 AM

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rcmiket

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Quote:

Originally Posted by BarracudaHockey

Sorry Mike I don't have the details. The foundation board approves any expenditures so it may be that the publicity for the raffle raises more money than they spend. The foundation is responsible for scholarships, grants etc. I would imagine it's a tax thing but a call to Mandee at HQ would resolve any questions, that's her gig and she does a great job managing it.

Also this explains what the Foundation is and does
http://amablog.modelaircraft.org/amafoundation/

Thanks for the info. I've made a inquiry on it. I do know that Dan Bott (a foundation board member) and the same of The Bott Group of Merrill Lynch. The group that donated the radio.

"Why is there an AMA Foundation separate from the AMA>? "

"The AMA Foundation was established in 2013 to serve as a supporting organization that will fundraise and grant funds exclusively for and on behalf of the Academy of Model Aeronautics, founded in 1936."

Mike
Thanks

Last edited by rcmiket; 10-18-2016 at 08:38 AM.

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