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Theresa,
Your university foundation is itself a 501c3 charitable organization, very
much like ours. All of our other affiliated organizations and groups are
volunteer subsidiaries of that organization, rather than separate
not-for-profits. All donations/gifts/and charitable activities go through
said foundation. In the case of two charitable organizations directly
supporting an institution like ours, I would be concerned with conflicting
ownership and fiduciary issues.
I'll wager your foundation will have a strong opinion on this issue, but
personally I would reduce it to a volunteer group, for the sake of
simplicity.
Have a great holiday.
Mark Janzen
Registrar/Collections Manager
Edwin A. Ulrich Museum of Art
Martin H. Bush Outdoor Sculpture Collection
Wichita State University
(316)978-5850
"Burchett-Anderso
n, Theresa E."
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SE.LSOFT.COM> University Museums
12/11/2006 10:58
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Our university museum has a 501c3 “Friends” organization. Over the past
few decades this friends group has just been relatively inactive. In the
past the organization raised money for special projects, acquisitions, and
brought artists in the museum for demonstrations and workshops. All of the
organization’s accounts fall under the university’s foundation office. It
does not seem that the museum or the organization takes advantage of its
501c3 status and benefits. If we revive this friends group, should be
revive it as a 501c3 or disband the 501c3 and revive it as a museum
volunteer group?
Could other university museums provide me with the pros and cons of having
501c3 organizations versus having a volunteer group?
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