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Unread 20-11-2012, 07:01
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Jimmy Nichols Jimmy Nichols is offline
Mentor,QCR Planning
FRC #1038 (The Thunderhawks)
Team Role: Mentor
 
Join Date: Feb 2005
Rookie Year: 2004
Location: Cincinnati, Ohio
Posts: 1,012
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Re: Engineering and Robotics program in danger

Quote:
Originally Posted by GailJones View Post
Hi Jimmy & Jeff,
We're in the same position - lost school sponsorship, looking for new space and 501(c)3 status. The big question is who will take the liability. Renting space in a nearby shopping center is an interesting option, but I'd really like to know how you handled the liability, if you don't mind my asking.
Thanks, Gail
Gail,

We are still in the mall. We signed a 1 year lease at the end of the initial 5 months. We formed a fund within our local Community Foundation as our 501(c)3 fiscal agent. They just make it too easy. We are only charged 2% annually and they handle all of the thank you letters for donations, taxes, audits, check writing, etc. We can usually get reimbursed within a day or so for purchases. This was the best alternative for us. It gave us 501(c)3 status immediately without all the headache of filing taxes and handling audits, etc.

We purchased insurance that covers damages to the facility as well as to our property/assets and covers thefts. The insurance covers injuries to a certain extent, I don't recall exactly as I didn't set-up the insurance. I know we have recommended to all of our mentors to purchase liability insurance for themselves as a precation (similar to what teachers get). Feel free to PM with your email and we can chat more and I can get some more details if you need it.
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Jimmy - Lead Mentor, Pit Boss, Miami Valley FRC Regional Planning Committee
Lakota Robotics - FRC Team 1038

2013 - Crossroads Team Spirit,Quarter-Finalists - Queen City WFFA - Paul George,Quarter-Finalists - Ohio FRC State Championship Champions
2012 - Queen City Volunteer of the Year,Team Spirit,Finalists - Smoky Mountains Engineering Inspiration,Quarterfinalists
2011 - Pittsburgh Semifinalists - Buckeye Engineering Excellence Award,Coopertition Award,SemiFinalists
2010 - Pittsburgh Judge’s Award,Quarterfinalists - Buckeye Industrial Design Award,Finalists - IRI Mentor Round Champions
2009 - Buckeye GM Industrial Design,Champions
2008 - Midwest Engineering Inspiration,Quarterfinalist - IRI Semifinalist
2007 - Pittsburgh Motorola Quality,Finalist - Buckeye Rockwell Automation Innovative Controls,Finalist - Championship Newton Quarterfinalist