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Re: **FIRST EMAIL**/Important Reminders
Quote:
Originally Posted by Qbranch
Maybe someone was looking for a sharholder's/financial report on FIRST?
Just playing devil's advocate, but if a genie came and said "And what information about FIRST would you like to know?" I'd like to know which way the cash flows.
When you work the numbers out... the income FIRST has is staggering... remember, when you go to a regional, not only do you (as a team) pay to go there, the site pays FIRST to have the regional there as well...
-q
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I think there is a slight misconception here, that I heard periodically. FIRST is a public charity recognized by the IRS under section 501(c)(3) of the US Tax codes. This means among other things that FIRST cannot have shareholders who benefit from activities of the organization. This is also the reason many individuals and some corporations provide support to FIRST, it is tax deductible. (don't beleive me, look it up... Seach for "US Foundation for the Inspiration & Recognition Science & Technology" on the IRS list of charities)
It would be amusing if someone was after detailed financial information that is already available.
As for more detailed information or anything proprietary, FIRST behaves like most corporations; meaning that it's internal data is not stored anywhere near the same computers that house the web site.
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George Marchant - Lockheed Martin Engineer & General Nut Case
FIRST Credentials: Team 87 Mentor | Former Director FIRST Vex Challenge
NJ FIRST Planning Committee Member & NJ FVC Committee Member
Philadelphia Alliance Regional Corporate Advisory Board Member |
FRC and FTC volunteer at too many places to list (NJ, VA, DE, PA, NY, Championship)|
"Hi my name is George and I'm a FIRST-aholic. I've been a FIRST-aholic since 2000..."
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