oooopsss..... Does that mean I'm aloud to come back in???I'm also confused, I'm pretty confident that the majority of yacht clubs are classified as private foundations by the IRS and file as "All organizations except 501©(3)." This would make them tax exempt, but would not qualify your dues or other payments as charitable donations.
Here's some quick research I did:
Well - I don't know of Sail NYC, but Sailors NYC IS back!Just Dug said:I don't think you'll see Sail NYC any more, unless she buys and ad...I need more popcorn.......this is a great thread to follow.
Keep pushing Sail NYC, this is entertaining.
Shoot - how could I forget - MARKETING! I guess I should go back and check my business school papers. I'll see if it says anything about it over there...
I think you're doing yourself a huge disservice by posting here. You not only make yourself look like an idiot with every post you make, but you've proven that your plan to bring "affordable" sailing to NYC is nothing more than a scheme for you to profit. I love profits, I think they're great. I think capitalism is an incredibly important part of of our country, and I hate the fact that profitable businesses are chastised for being successful. What I have a problem with is you posing as a community sailing program and asking for donations with the end goal of turning a profit.
Does this qualify as an obnoxiouse attitude?
Donate money to my business. In return, I may send you some trinkets. I'm not a registered charity and you won't be able to deduct the donation from your taxes. Rest assured that your money will go to a good cause. It will help me make money for myself and possibly some of the mystery investors who might see a return (even though you won't). Don't be fooled by people who say that I'm just in it for myself. I'm doing this for the community. Of course I'm going to make money off of the community and you won't receive any return on your donation/investment. Don't let that fool you. This is all about the community and not my personal profit. There's a double secret business plan, but since you're a donor and not an investor, you shouldn't need to see it. After all, it's not your business. It's mine.
You may have already figured out part of my business plan. That's the free use of social media and industry websites to raise awareness, solicit donations, and endear myself to the community.
In summary, stop donating to Toys for Tots. Stop donating to the Red Cross, Sandy victims or any of those other charities. They'll only use your money to help people in need, not enrich one individual. That's what the global village is all about, helping me make money and fulfill my dreams, not helping the less fortunate.
I should warn you that there's a very low probability of my success. However if I do succeed, you'll still get nothing other than the satisfaction of having helped me.
Please send your donations to our offices at:
2 Bloomfield St
New York, NY 10014
Keep in mind, every dollar that you give to established charities, food drives, or even homeless people is a dollar that won't help me get rich.
Thank you again for your support and the free use of this website.
I think most are classified as "Independant Associations", tax liable and contributions are not tax deductible.I'm also confused, I'm pretty confident that the majority of yacht clubs are classified as private foundations by the IRS and file as "All organizations except 501©(3)." This would make them tax exempt, but would not qualify your dues or other payments as charitable donations.
Here's some quick research I did:
Perhaps we are confusing definitions. Can you define donation and investment? Then tell us, in your view, what the difference is between them?and re: "donations" - I apologize if one feels that by asking for your support of a new business that has to do with people in NYC who likes sailing (i.e. - community) feels like you are being solicited or arm-twisted to do something you don't want to do. I really didn't mean to upset you, and I am surprised that even Neptune's rage sounds like a lullaby compare to SA rage.
winner winner chicken dinner....I'm not much interested in donating money to a business belonging to anyone other than myself, or maybe my kids..., but I guess I don't mind your asking...
what i do find a bit dishonest is your use of the term "Community" in the thread title.
Community sailing is pretty much universally understood to be some sort of a not-for-profit organization.
Really? Doug is my real name. It is not at all difficult to find out who I am and what I do.... ... I don't see any of you putting your real names out there, though I get it that a lot of you know each other outside this forum
What questions have you been asked that are SO-O-O terrible?.... ... give me a break - as no-one here would answer questions I've been asked publically.
So PONY-UP and Buy a Friggin AdRum Line - I apologize I am not going to share the detailed business plan in a public forum. Business is business
I am looking for serious investors and willing to give all the necessary background and figures.