Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Disabled Vets Commem
>
Reply to Thread
Message:
<p>[QUOTE="Conder101, post: 827221, member: 66"]Yes and Yes. They don't come up with the match they don't get the money. There has only been one case that I know of where the surcharges didn't get to the organization they were intended for and that was the National Parks back in 1999 (Yellowstone National Park Dollar). The National Parks commission didn't have a method of raising the money and the government gave it away to another organization in Missouri that was able to match the funds. (There were a couple of other cases where Congress passed legislation to let the orgnaization have the money early before they raised the matching funds (One of the Olympics I recall) and they did finally raise them, Then there was the Jackie Robinson commemorative (1997) that had a million dollars of their surcharges ($2.45 million total) diverted away from them and given to the United States Botanical Garden. Seems the director of the Botanical Garden was the wife of the person who wrote the legislation to divert the funds. Guess they felt the sales of the Botanical Gardens commemorative that year weren't good enough ($3.2 million in surcharges) Yes they earned almost a million dollars more in surcharges and then took a million dollars away from the Jackie Robinson Foundation.</p><p><br /></p><p>A couple others were able to match by the skin of their teeth, and in at least one case a extension of the time to raise the funds was granted.</p><p><br /></p><p>I've never like the little game myself since if they don't match they don't get the money and they don't tell the buyers that. To me if the advertised recipient doesn't get the money it smacks of raising money under false pretenses and the money should be returned. See the National Parks mentioned earlier. Those coins were sold to people who were told their surcharges would go to the National Parks, and then it went to someone else instead. (It's also a little annoying that if you were to donate the money to the organization directly it would be tax deductible, but if you donate via the surcharge, which you have no choice but to pay, it isn't deductible.)[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 827221, member: 66"]Yes and Yes. They don't come up with the match they don't get the money. There has only been one case that I know of where the surcharges didn't get to the organization they were intended for and that was the National Parks back in 1999 (Yellowstone National Park Dollar). The National Parks commission didn't have a method of raising the money and the government gave it away to another organization in Missouri that was able to match the funds. (There were a couple of other cases where Congress passed legislation to let the orgnaization have the money early before they raised the matching funds (One of the Olympics I recall) and they did finally raise them, Then there was the Jackie Robinson commemorative (1997) that had a million dollars of their surcharges ($2.45 million total) diverted away from them and given to the United States Botanical Garden. Seems the director of the Botanical Garden was the wife of the person who wrote the legislation to divert the funds. Guess they felt the sales of the Botanical Gardens commemorative that year weren't good enough ($3.2 million in surcharges) Yes they earned almost a million dollars more in surcharges and then took a million dollars away from the Jackie Robinson Foundation. A couple others were able to match by the skin of their teeth, and in at least one case a extension of the time to raise the funds was granted. I've never like the little game myself since if they don't match they don't get the money and they don't tell the buyers that. To me if the advertised recipient doesn't get the money it smacks of raising money under false pretenses and the money should be returned. See the National Parks mentioned earlier. Those coins were sold to people who were told their surcharges would go to the National Parks, and then it went to someone else instead. (It's also a little annoying that if you were to donate the money to the organization directly it would be tax deductible, but if you donate via the surcharge, which you have no choice but to pay, it isn't deductible.)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Disabled Vets Commem
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...