501 - Non-Profit Organization
FOAS is a 501 (C) (3) "not-for-profit" corporation. Monetary or other contributions to this organization qualify as deductions on an individual's or corporation's annual Federal and State income tax returns.As presented in our Mission Statement, the FOAS has a three-pronged mission relative to the public good:
To meet these goals, the FOAS must develop curriculums, presentations and displays, informational hand-outs, and pamphlets/books in a lay form easily understood by all levels of the public. Donations from the general public allow this mission to progress and enable us to expand our current programs to include youth as well as adults. Our current target audience for 2005 includes:
In addition, the FOAS also uses funds to sponsor and support specialized archaeological analyses, such as radiocarbon dating. These analyses can be quite expensive, and adequate funding is often not realized on volunteer projects.
Contributions can be mailed to Tim Darst, Treasurer, at 1534 Quadrant Avenue Louisville, KY 40205, or to Anne Bader, President, at 3502 Grantswood Court, Louisville, KY 40213. A receipt will be provided to you.
Contribution levels are as follows:
All contributors will be acknowledged in our annual journal.
FOR OUR MEMBERS
Annual membership dues in FOAS are NOT deductible. You receive an annual journal, quarterly newsletters, admission to monthly meetings with scheduled speakers, and more, all because you pay dues. Costs for field trips (i.e. to museums or public sites) cannot be deducted. Because FOAS is Federally recognized as a not-for-profit organization, donations are considered to be "charitable contributions" for Federal income tax purposes. Please ask the Treasurer if you need a receipt to file for your taxes.
Similarly, "out of pocket" expenses paid by members on behalf of FOAS (e.g. mileage, supplies) MAY be deductible as "charitable contributions." For instance, expenses bourne in support of Archaeology Day - an event to educate the public every September - may qualify as deductions. Furthermore, travel expenses (mileage, lodging) incurred during volunteer service or as the result of a speaking engagement may qualify. Equipment purchased and donated or otherwise made available to the FOAS for excavation may also qualify as a deduction. The cost of books and videos donated to our library can be deducted, as well as expendable supplies (paper bags, stationery, film, postage, etc.) used by the FOAS during our volunteer projects. Labor cannot be deducted, however. If you have any questions regarding the appropriateness of a deduction, you should consult your tax advisor for details.