[quote="Allen"][quote="Joe Lux"]Certainly, if USCF persues it's desire for 501c3 status with the IRS, which was encouraged by the EB, and rubberstamped by the delegates, there will have to be major changes to our mission. We are now 501c4 for a reason.
I hope someone more capable at computers than me, would post IRS
conditions for 501c3 and 501c4 status. When NJSCF considered IRS
status, we found 501c7 to be more appropriate for our state
All the best, Joe Lux
IRS Publication 577 has 44 pages of description as to the details on
501(c)3. Then it has about 2 pages defining a 501(c)4. There is a
clear indication in the 501(c)3 description that the USCF may indeed
so qualify. But one doesn't know until one applies, and even then it
can take the IRS 18-24 months to rule. here is the link if you are in
the mood for some good nighttime reading -
Allen Priest [/quote]
Allen Priest is a Goichgberg approved candidate for the USCF Executive
Board. He has been studying chess and has gotten better, improving his
rating from 654 to 758.
However, his proposal to change the USCF from a 501(c)(4) to a 501(c)
(3) is a ridiculous idea, virtually impossible to achieve and shows
that Priest who claims to be a qualified CPA is a buffoon and an
In order to get federal tax status as a 501(c)(3) one must qualify as
a public charity that receives a substantial portion of its income
from donations. It must also be organized for one of the five allowed
Since the USCF rarely receives donations and other chess organizations
that are already 501(c)(3) rarely receive donations either, the USCF
will never make this standard and it will be disallowed by the IRS.
The fact that Allen Priest is advocating this change shows that he is
unqualified and unsuitable to be elected to the USCF board.
- posted 8 years ago