Natural food industry

Sunday, December 03, 2006

November 27th—December 3rd

I spent about 22 hours revising my paper, going through other members’ sections, doing more additional researches. Justin found out from Lori that People’s want to establish Community trust as their nonprofit wing. Trust is a quite unusual form of nonprofit organizations. Oregon law doesn’t even recognize it as a nonprofit business form. The IRS does. It just took me so many hours to find that out. That was too much for a last minute research. I decided not to put that information anyway since it requires so much explanation and leaves with uncertain conclusion. I’m not a lawyer. I cannot be sure about how it works in reality from my experiences. I just don’t know how benefits of trustors and trustees are going to be protected under Oregon law. It can be protected under federal law. I just couldn’t know it from my research. Lori and I are going to meet with the professional who’s been doing this for a while on December 12th. I probably can ask this question to her.

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