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Old January 30, 2003, 03:20 AM
Cornell
 
Posts: n/a
Default Re: Help with a charity seminar

Hi Yanik:

Approach "your" bank manager.

Have a trust fund set up in the name of the boy with you and one of his family members as the adminstrators of it...thereby guaranteeing a double signature on the funds to be released....guaranteeing the funds will get to the medical facilities as they become due.

Handling the money is quite simple if you indeed do the wealth seminar....those wishing to attend the seminar must deposit donated funds directly into that trust account.....their admission to the Wealth Building seminar is their receipt of deposit from the bank and your personal printed invitation and thank you that can only be handed out from the bank to those that donate.

Win/win situation all around.....the young lad has the funds raised for him, you don't have to file as a non-profit charity, the bank and banker gets exposure, and the whole procedure is a newsworthy undertaking that should get coverage on news stations thus guaranteeing a good repsonse for donations.

Just thoughts.

Cornell