RE: Motion to Transfer Restricted Funds to AIS Foundation

["Janet Smith" <ypauls@sti.net>]

You guys are awesome!

Janet

---- Original Message ----
From: aistreas@earthlink.net
To: aisdiscuss@aisboard.org
Subject: RE: [AISdiscuss] Motion to Transfer Restricted Funds to AIS
Foundation
Date: Tue, 15 Nov 2011 10:48:32 -0800 (GMT-08:00)

>Hi Janet,
>
>Lynn will just forward these checks to Gary White, c/o The AIS
>Foundation.  He will endorse the checks for the Foundation and
>everything should be fine.  Jill
>
>
>-----Original Message-----
>>From: Janet Smith <ypauls@sti.net>
>>Sent: Nov 15, 2011 10:35 AM
>>To: aisdiscuss@aisboard.org
>>Subject: RE: [AISdiscuss] Motion to Transfer Restricted Funds to AIS
>F  oundation
>>
>>Not knowing this I sent 2 checks to Lynn Williams recently for
>>donations with just AIS on the check.  If that is a problem for the
>>foundation I can create new checks.  If permission is needed to add
>>the word "foundation" to the checks I have written - I hereby give
>>that permission.  I have not heard from Lynn if the checks have been
>>received.  I don't even know if she has been receiving my e-mails to
>>date.
>>
>>Janet Smith
>>
>>---- Original Message ----
>>From: aistreas@earthlink.net
>>To: aisdiscuss@aisboard.org
>>Subject: [AISdiscuss] Motion to Transfer Restricted Funds to AIS F
>>oundation
>>Date: Tue, 15 Nov 2011 10:15:29 -0800 (GMT-08:00)
>>
>>>Hi All,
>>>At the Canada and Atlanta Board Meetings the Board discussed
>changing
>>>the way the AIS receives donations.  This issue came up because the
>>>AIS Foundation needs more donations to maintain its public
>foundation
>>>tax status.  
>>>
>>>In addition there has been much confusion over the years as to
>which
>>>donations should go to the Foundation and which ones should go to
>the
>>>AIS.
>>>
>>>Below is an article that will run in the January issue of IRISES. 
>It
>>>has been approved by Bob Plank, Robert Hollingworth (AIS
>Foundation),
>>>Gary White and Judy Keisling.  
>>>
>>>A consequence of this change is that the AIS will no longer be
>>>accepting donations for the AIS Library and for Research &
>Scientific
>>>Grants.  All monies for these programs will be received and
>disbursed
>>>by the AIS Foundation.  
>>>
>>>As of 9-30-11, the AIS has the following funds in the AIS Library
>and
>>>Research & Scientific Restricted Funds....
>>>
>>>AIS Library..............$1,643.49
>>>Research & Scientific....$8,362.00
>>>
>>>Total...................$10,005.49
>>>
>>>
>>>I make a motion that the AIS transfer $10,005.49 to the AIS
>>>Foundation to close out the AIS Restricted Funds for the AIS
>Library
>>>and for Research & Scientific Grants.
>>>
>>>Do I have a second?
>>>
>>>Jill
>>>
>>>
>>>
>>>
>>>CHANGES TO HOW YOU MAKE YOUR DONATIONS TO THE AIS
>>>
>>>There has been much confusion over the years about which donations
>>>you should send to the AIS and which ones to The AIS Foundation.  
>>>
>>>To help solve this problem and to help The AIS Foundation better
>meet
>>>their tax reporting requirements for donations, please make all of
>>>your donation checks out to The AIS Foundation.  
>>>
>>>Donations to The AIS Foundation are used for research of the genus
>>>Iris, administration of scholarships and support of the AIS
>Library. 
>>>Iris research includes taxonomy of the genus, as well as disease
>>>causes and cures.  Over the years, grants have been issued to top
>>>iris researchers and educational institutions throughout the world.
> 
>>>
>>>Donations to The AIS are used for Youth Programs, including the
>Clark
>>>Cosgrove Youth Award, the AIS Library and the AIS General Fund. 
>The
>>>AIS has also created a new Restricted Fund to fund  publications, a
>>>commemorative medal and other materials to celebrate the AISb One
>>>Hundredth Anniversary in 2020.  In the future, for all donations
>you
>>>would like to go to Research and Scholarship, please remit them
>only
>>>to The AIS Foundation.  The AIS will no longer be making grants for
>>>scientific research projects in addition to the Foundation.
>>>
>>>The AIS does still need your donations for the Youth Funds and the
>>>AIS General Fund.  So, when sending in your check, PLEASE SPECIFY
>in
>>>writing, either on your check or on a separate piece of paper, the
>>>AIS fund in which you would like the money credited.  It will be
>>>reallocated by the AIS Foundation back to the AIS.  
>>>
>>>Please send ALL Donations to
>>>
>>>The American Iris Society Foundation
>>>Gary E White Sec/Treasurer
>>>701 Cheney Road
>>>Lincoln, NE 68512-1168
>>>
>>>
>>>AIS DONATION FUND CODES:
>>>
>>>CCYA = Clark Cosgrove Youth Award Fund
>>>G = General Fund
>>>G/I = General Funds Insurance Defraymkent
>>>GYF = General Youth Fund
>>>LIB = Library Fund
>>>100thANNIV = AIS 100th Anniversary Fund 
>>>
>>>
>>>BOTH THE AMERICAN IRIS SOCIETY AND THE AMERICAN IRIS SOCIETY
>>>FOUNDATION ARE TAX EXEMPT ORGANIZATIONS ACCORDING TO IRS
>REGULATIONS.
>>> YOUR DONATIONS TO BOTH ORGANIZATIONS ARE TAX DEDUCTIBLE.
>>>
>>>-------------------------------------------------------------------
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>>><aissecretary@irises.org>
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>>>http://www.aisboard.org/lists/aisdiscuss/
>>
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>-
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>
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