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Re: theos-talk Financial Info about TSA etc

Sep 20, 2010 09:50 AM
by MKR


To find the returns, when you go to link I provided, type in 'theosophical'
(without quotes) in the organization box and 'Ilinois' in the State Box and
you will get the returns. Once the list is shown, you can download a copy of
the pdf file.

Here are the 990s in pdf file format for Theosophical Society in America and
Theosophical Investment Trust.

<
http://dynamodata.fdncenter.org/990_pdf_archive/362/362167934/362167934_200903_990.pdf
>

<
http://dynamodata.fdncenter.org/990_pdf_archive/366/366054362/366054362_200903_990.pdf
>

Enjoy reading the returns. If you have any questions, call Wheaton.


MKR




On Mon, Sep 20, 2010 at 8:31 AM, MKR <mkr777@6HBlOyM6A7QZ0k1BYe1T4mbHXOwq1d9l7pyZ4VDFx8P9LrgHqsBLgGU3hmAeEkvxKx0uf4Va.yahoo.invalid> wrote:

>
>
> Most spiritual organizations are tax exempt in the USA. This allows them to
> receive donations and donors deduct the donations in their tax returns and
> save on taxes. In addition, they do not pay in tax on their income as well
> as they do not pay tax on their property holdings. Hence, tax payers, you
> and me, subsidize these organizations.
>
> It is a pervasive fact that there is a inherent tendency to keep many of
> the
> financial matters secret from the members and the public. Even when
> financial statements are presented, they hide many of the details of
> interest to members and public. For example, about a decade ago, when I
> inquired the then President of TSA to send me documents detailing how the
> trustees of the Theosophical Investment Trust are appointed, I received no
> answer. There was no answer possibly because the Trust formed in Illinois
> requires no disclosure of such details even though the Trust is handling
> the
> funds of TSA and I am a long time dues paying member of TSA. Now all that
> has changed.
>
> After a lot of allegations about improper financial dealings of the tax
> exempt organizations, US Congress is now demanding more transparency and
> require most organizations to file a tax return Form 990 and they are in
> the
> public domain. The new Form 990 introduced for 2009 tax year provides lot
> more extensive information on the finances and the operations of the
> organizations. In addition, the current law and regulations require the tax
> exempt organizations to provide easy access to the information such as the
> tax exempt application, bylaws, and copies of tax returns. Non compliance
> will bring the full weight of the US Government on the organization and
> hence they now have no choice but to comply.
>
> I recently found a data base on Internet where you can download the Form
> 990
> of tax exempt organizations for the past several years. I have given you
> the
> link to the forms of TSA, TIT and a few other Theosophical entities. You
> may
> want to download the Form 990s and see for yourself the information in the
> returns.
>
> <http://dynamodata.fdncenter.org/990s/990search/esearch.php>
>
> MKR
>
> There is no religion higher than Truth
>
> [Non-text portions of this message have been removed]
>
>  
>


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





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