Thanks to a Tavern Reader, I was pointed to the Gygax Memorial Fund's 2016 Federal Return, which was filed on May 25th, 2017.
The first thing that stood out to me is that the Fund raised a whole 10 bucks in 2016. That takes some special effort to have that little a return. The Fund spent over $3,300 over the same period.
But what really stood out was the Schedule O page.
Isn't that exciting? The Memorial will be completed by May 25th of this year! Just over 3 months away. I need to get my plane tickets and a hotel.
BTW, the 2015 return promised the memorial in 2 years and the 2014 promised it in 5 years. They should have stuck to the initial time frame.
Oh, notice objective "E" above? The Fund was founded in 2010. They STILL haven't started a scholarship?
Like previous years, the Fund has accomplished nothing and keeps losing money.
Another year without even minimal interest being earned. 1% interest would have covered half the expenses - and would have returned over 200 times what their fundraising did. I can see why they haven't uploaded this return to the GMF website - its embarrassing.
For those playing along at home, the year end balance of the GMF since its inception. (note - most recent tax return back to the Fund's first tax return)
2016 $213, 713
2015 $217, 042
2014 $220, 449
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