Friends of Barron is very happy to announce that we have begun the process for tax-exempt status as a 501(c)3 under the United States tax code as of mid-December, 2016.
FOB CANAM has applied to the United States Internal Revenue Service (IRS) for non-profit, tax exempt status under regulations pertaining to 501(c)(3). This is a four step process:
- 1. Incorporate in the US; done. We are now FOB CANAM Inc.
- 2. Get a federal ID #; done.
- 3. Open a US bank account; done.
- 4. Apply to the IRS for final ruling on tax exempt status; will be done 26Dec16.
While we await IRS approval, FOB CANAM Inc is permitted to operate as a tax exempt organization. To quote the IRS regulation:
“Although donors have no assurance that contributions are tax-deductible for federal income tax purposes until the application is approved contributions made while an application is pending would qualify if the application is approved”.
Tax receipts can only be given to donors after the 501(c)(3) tax exempt status is approved. When approved, donations received during this “pending period” will be tax deductible to the donor retroactive to the date of application (December 26, 2016).
FOB CANAM AC remains a registered tax exempt charity in Mexico. Your donations are legally tax deductible in the US, but only against Mexican source income.
Canadians should check with their accountants regarding the deductibility of donations to either US or Mexican tax exempt charities.
The students attending the Josefa Ortiz de Dominguez primary school in Barron have some things that they have never had before: computers and Internet. The new Internet connection is tantalizingly close to reality. The tower is built, the radio connection tested and ready. The Mazatlan School District has comitted to pay for the monthly costs of the server. We wait solely upon an administrative detail to be ironed out. As is typical in Mexico, the devil is in the details. We await an address to which to send the monthly bill.
Meanwhile, back in Vancouver, Scotia Bank’s executive and EDM resident, Joe Oviatt has secured another 25 laptop computers for the school. As soon as we can figure out a way to transport them from Vancouver to Calgary, Dale Lyster will load them on a flight to Mazatlan and we’ll be ready to open up a whole new world for the students of Barron. What an achievement! Many thanks go to Joe for rounding up these laptops, to Dale and Marilyn Jarvis for handling the logistics of transport and to West Jet Airlines for offering to fly them to Mazatlan for free. It does take a village.
Many thanks to Pat and Doreen Butler of the Universal Golf Foundation AC and the EDM Management for their generous contribution of $50,000 pesos to support scholarships, school construction projects and other FOB activities in Barron. Over the past several years, FOB has been able to count on the generosity of this foundation and the EDM management in furthering its work with the schools and students of Barron as well as helping us sponsor scholarships for the kids of EDM employees who do not live in Barron.
Claire Silk, a phase one resident and a long-time professional dental hygienist, has organized a free dental clinic for the 250 primary school students in Barron. She has arranged for professional dentisis who are associated of hers to come in the from the United States with all of the equipment and supplies necessary to stage the clinic. The clinic is scheduled for the first week in September 2013. FOB CAN AC is the formal sponsor of the clinic and has assisted with making arrangements with the primary school and will pick up any additional costs for supplies and materials that cannot be acquired through donations. Thanks to Claire and the professional dentists for the generous offer of their time and talents to the kids of Barron.
“There is no exercise better for the heart than reaching down and lifting people up.”
― John Holmes
We are well exercised. Our List of Donors grows every year and as old avenues narrow, others reveal themselves and morph from trail, to street and perhaps to super highways.
In the last three months these EDM residents and friends of EDM residents have contributed a total of $8867 US dollars to the FOB CANAM scholarship and school construction funds. The bulk of the money will go to support high school students with scholarships that cover about half of their annual schooling expenses.
DJR (Dale Lyster, Jim Barnes & Rob Wright)
Cliff and Barb DuFrense
Rod & Terri Kaasa
Rob and Jayne Kenison
Dale & Lynda Lyster
Dick & Kris McGuire
Nancy & Bob Muzyka
Ron & Janice Ohmes
Bob & Julie Wallace
Many thanks to these generous donors and to all those who care enough to donate their time and money to help these kids.
If you continue to read this blog, you will see what is in the works. And some of that is really exciting. Our new strategy is to incentivise you, the good and generous people of Estrella del Mar and their far flung friends and relatives to stay involved. Stay tuned here. Sign up to automatically get these posts. I promise to keep them short, sweet, business-like.
“Generosity is giving more than you can, and pride is taking less than you need. ”
― Kahlil Gibran
“You give but little when you give of your possessions. It is when you give of yourself that you truly give.”
― Kahlil Gibran
Individual donations for December 2011 and January 2012 totaled $71,166 pesos. Forty-eight percent of these donations were earmarked for individual scholarship students. Thirty-seven percent of the donated funds went towards the General Scholarship Program to be used to support the remaining eight students who have yet to be adopted by an individual sponsor. The remaining 15% of donations went to finance ongoing construction projects at four schools in Barron.
Many thanks to the following donors:
Anonymous – Phase 1
Dave & Bonni Canary – Phase 2
Dave & Lindy Marvin – EDM guests from Colorado
Dick & Kris McGuire – Phase 1
Rita Pacheco – Homes & Lots
Bob & Mary Sanz – Phase 1
John Watson – Phase 1
Friends of Barron would like to thank our most recent donors: Claire Silk ($250), Dale & Lynda Lyster ($600), Keith & Trish Prosser ($500) and Sunny Wong ($600). Watch this space for the 2011 – 2012 school year scholarship applicants. We have eight new scholarship recipients, as well as the existing 13 scholarship students for the upcoming school year.
Our thanks go out to Sam Perricone and Jim & Frances Barnes for their generous donations to the Friends of Barron Scholarship Fund. With their combined support, FOB will be able to support another qualified student from the 2011 graduating class of the Barron Secondary School as well as the Barnes’ continuing support for a 2010 graduate. Details on these new students are being processed right now and their bios will soon be posted on this website. So look for it.
Donations for the Friends of Barron Scholarship Program that sends Barron kids to high school in Mazatlan have begun to arrive in anticipation of the new school year which starts in August, 2011. Rita Pacheco, Dick & Kris McGuire, Dale & Lynda Lyster, Bob & Julie Wallace and John Watson have all agreed to fund the student they adopted in 2010 for the 2011-2012 school year. Other donations by Bob & Pat Tieken and Jerry & Geri Soukup will help to fund scholarships for additional students.
Friends of Barron has consulted a notario to evaluate the possibility of establishing FOB as a registered Mexican non-profit organization. In the coming weeks we hope to gain an understanding of the process and will keep you updated on our progress.
Many thanks to Rita Pacheco and Bob & Julie Wallace for their generous donations of $1000 USD and $300 USD, respectively. These much needed funds will be used to help support the preparatory school scholarship program and ongoing construction projects at the Barron Kindergarten and secondary schools (see update)