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 association.
All the best, Joe Lux NJ Delegate[/quote]
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 - http://www.irs.gov/pub/irs-pdf/p557.pdf
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 idiot.
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 charitable purposes.
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.