Can the Club become a charitable organization? Why am I asking? Because of this link:
http://atlanta.craigslist.org/wat/cto/5476772227.htmlThis gentleman wants his cars gone for some reason. He will sell a few, maybe sell a few parts off some others, then scrap them. But most likely, he wants to see the cars preserved and running again. After all, he loves Fieros enough to have 20!
By becoming a charity, he could donate his cars to a group that shares his passion (that's us) and be entitled to (This is after very limited research into IRS motor vehicle donation rules) a $500 deduction on his income. For most folks that equals about $165 real-money savings; or about the profit from scrapping a Fiero.
Yes, I know there are problems with this idea. For openers, how to gather and where to store donated Fieros.
Perhaps this idea can be discussed during the March meeting?