EMAIL DETAILS
SUBJECT:
To get our own c(3) status
PRI: NORMAL
FROM:
J
josh@beaubiden.com
DATE:
2015-06-16 20:02:35
MSG_ID:
<E57DD961-854C-4A1A-A807-F6344CF7ECAE@beaubiden.com>
RECIPIENTS:
TO:
H
Hallie
<halliebiden@gmail.com>
H
Hunter Biden
<hbiden@rosemontseneca.com>
CONTENT:
TEXT: YES |
HTML: YES
PROCESSED
Hi Hallie, Hi Hunter, I thought today’s lunch session was great. Patty is a tremendous person. While we’re thinking of how to build out the foundation, we need to begin the process to get our own c(3) status and spin off from DCF. Mel sent along four bullets we need to have answers to so that we may begin the process. The questions are below, with my first cut of initial answers. 1. Summarize specific activities and how meet purposes speaking in schools, making children aware…3 small examples is fine) Fund Stewards of Children education seminars for 1) large corporations in DE and 2) teachers, medical professionals/first responders and lawyers Create and fund an in-school presentation program to educate children on bullying and online safety Scholarships for law students at Widner (Delaware) Law School interested in studying child protection Endow a fellowship in the National Association of Attorneys General that will study child protection legislation to be sponsored in states around the country 2. Summarize fundraising methods (mail, personal solicitations) disclose any contracts – and payment of fees. Grassroots: email and social media driven grassroots fundraising, focused on previous supporters. Corporate: targeted one on one outreach to corporate entities headquartered in Delaware. Sponsorships of specifc programming (Stewards of Children, NAAG fellowship, etc) Individual/Foundation: partner with like minded organizations and individuals with an interest in developing a strong advocacy/awareness campaign for protecting children Fees: Database management, website hosting, small foundation staff (ED, programming, development) 3. Disclose compensation of officers, director, how decisions made TBD. I will ask Mel for a draft of how best to answer this question, something I’m sure he has as his firm has set up other foundations. 4. Project 3 year income and expenses. I think we should say $1m a year, knowing we can always revise up. Expenses should be limited to any paid staff and overhead (database, website, postage, event costs). I’ll ask Mel what the IRS is looking for here specifically. If there’s anything you’d like to add to 1 or 2, please let me know. /ja Joshua Alcorn 302/295.8340 (office) 302/598.1885 (cell) josh@beaubiden.com
METADATA:
THREAD:
INDEX:
AdhhnwbQNq3RcGcRQfW+5kT1V17F3w==