[TheThinkTank] Fancy Parts
Rich Points
rich at richpoints.com
Wed May 7 14:25:55 PDT 2008
Yes sell the stuff! And sell it at market value. Use the money to make
your shop better.
Rich
Community Cycles
james blesdoe wrote:
> HECK NO!!!
>
> You sell them as you see fit. Nonprofit means you can't enrich your
> self, but your organization is supposed to make a profit In this
> economy that is becoming easier all the time -at least at the Bicycle
> Kitchen that is the case.
>
> roll on
>
> Jim
>
> */Erik Stockmeier <estockme at gmail.com>/* wrote:
>
> Question!
>
> What the heck does everybody's shop do with fancy items of special
> worth to collectors? For example... perhaps you come upon a
> donation of half a dozen 70s unused campi sidepull break sets.
> Your stock of breaks is full, so throwing them in the bin or
> selling them for 5$ or shlepping them on a Roadmaster seems like a
> waste. Is it ethically ok for a non-profit to occasionally
> indulge collectors as a source of surplus income? What about
> legally for a 501c3? Is it necessary to launder them through a
> "buyer" who sells them at profit and donates the difference?
>
> Erik
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--
Rich Points
Community Cycles Director
http://CommunityCycles.org
Rich at CommunityCycles.org
720-565-6019
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