RCU Forums - View Single Post - Note to AMA EC regarding Model Aviation
Old 12-07-2004 | 08:02 PM
  #24  
abel_pranger
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From: St Augustine, FL,
Default RE: Note to AMA EC regarding Model Aviation

ORIGINAL: Red Scholefield

Now here is a deal for all those that don't want Model Aviation and get a reduction in their dues.

<snip>
As District VIII VP I purchase at regular library discount rates

(and pay out of district funds)

several subscriptions to MA each year to donate to schools and libraries...

MY cost that I pay to AMA is $ 12.00 per year... (that is the library rate that
any library or school can request)

<snip>

I am willing to offer to repurchase the rights ((to any member who lives

in AMA DISTRICT VIII ( TX, NM, OK, AR or LA)) for their MODEL AVIATION SUBSCRIPTION for 2005.

Please contact ME directly and personally about this... ( [email protected] )

I will need your permission in writing and once that the address is changed for the magizine

to a location of my choosing...I will send to that person a CHECK for $ 9.00 USA funds...
Red-
Sounds like the Doc has come up with a win/win proposition.

- Guys that don't want MA save 9 bucks
- Doc gets mags to donate at a further discounted price, $9 vs. $12 he currently pays
- AMA gains by saving the incremental cost of not printing/mailing some TBD number of copies

Now this interesting condition:

I will retain any and all tax deductions for any and all repurchased donations to libraries and/or schools..

( the seller will give up all of their rights to their 2005 MA subscription...and deductions )

If you are serious I am serious also !!!

Best regards.

Dr.Sandy Frank
[email protected]
2004-12-06
<snip>
As AMA doesn't pay taxes the deductions are of no value to them.
Does the good Doc take tax deductions for donations made from his D-8 expense account as he seems to be saying?
I don't have D Holland's accounting credentials, but it looks like a helluva good deal for the Doc, too.

Abel