Theos-Talk Archives (December 2006 Message tt00845)

Let me add. If anyone has any problem with any tax exempt organization's
activities especially their financial ones, they can complain to the
Secretary of State and SS has the powers and authority to look into it and
even shut it down. So long as the organization has operated in legal
conformity with their articles of incorporation and bylaws, no one in the
public has any legal recourse whatsoever.

mkr

On 12/21/06, cardosoaveline <carlosaveline@terra.com.br> wrote:
>
>
> 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 <theos-talk%40yahoogroups.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.
> > ======================================================
> >
>
>  
>


[Non-text portions of this message have been removed]