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Unread 24-06-2005, 08:29
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Re: Bylaws for 501(c)3 Designation

MOE became 501c3 last year and saw an immediate benefit in donations. I'll email you our by-laws as well (initially based on the ones that Ralph graciously sent us from River City Robots, but modified since).

We have recently changed the requirement for yearly audit of our books to yearly review. We found out that "audit" has a specific legal meaning and requires paying a CPA.

Our 501c3 organization is officially First State Robotics, Inc., which coordinates several programs such as the MOE team (the biggest) and the state FLL tournament. (Side note - the name is a play on words as the nickname for the Delaware is the First State. Legally we couldn't use FIRST, as in the legal entity For Recognition, etc.) The board of First State Robotics oversees and funds the various programs, each of which has its on governing board or group of some sort. In reality the various boards all have the same people in multiple roles, but we are working on getting more people involved in order to spread the workload.
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