Fancy "Millions"
Dec 21, 2006 01:15 PM
by cardosoaveline
Friends,
If you sell books for groups in some 15 different countries, plus a
number of bookshops; if you have donations getting in from
different places, etc, then the numbers mentioned by Gregory Tillett
are not something terribly difficult to understand.
There may have happened a number of things. I lived the process in
the Adyar TS in Brazil and I can tell you that.
I don't think $160,000 in salaries for the USA is big deal for
Theosophy Company. Does anyone think that?
Is there any problem in transferring money from one unit to another?
The Theosophy Co. works under the law and if anyone has anything
against it, the person should present any fancies or facts to the
authorities. Otherwise, there is no reason to discuss financial
matters of the ULT, or of the Pasadena TS, or any other theosophical
or non-theosophical humanitarian group/institution.
Sowing baseless suspicions is a most coward operation, and I do not
think that this was dr. Tillett's intention.
Regards, Carlos.
--- In theos-talk@yahoogroups.com, "danielhcaldwell"
<danielhcaldwell@...> wrote:
>
> I would think it would also be helpful
> to carefully read what Dr. Tillett actually wrote!
>
> See his posting at:
>
> http://groups.yahoo.com/group/theos-talk/message/38915
>
> where he writes:
>
> ======================================================
> At the beginning of the year it had assets of approx. $6.1
million,
> and by the end of the year approx. $4.9 million. Some $627,000 had
> been transferred to the ULT of New York. The Theosophy Company
paid
> some $160,000 in salaries (although none of the Directors received
> payments). Its income was approx. $1.3 million, and it owned land
> and buildings to the value of approx. $666,000. There were loans
of
> approx. $110,000 outstanding to three named, but otherwise
> undescribed individuals.
> ======================================================
>
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