Homepage Forums Riders Committee Change NJBMX Tracks Reply To: Tracks

#37990
rider1
Member

Taxes paid by a 501c3 are really small, really its just a filling fee. Dont worry about that. But if the tracks want to share any grant any foundation gives them,then they have to show where the money is going. What do they think, get money do whatever and not have account for it? Yea right, that is going to happen. Again NJBMX has to come up with the proposal, outline the purpose, itemize the expences, then submit it. Remember NJBMX has the 501 status, its gets the money, then gives it to the tracks for the purposes outlined.NJBMNX writes all the checks.

Rich