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GreenvilleVT
Joined: 08/31/2007
Posts: 18,693
Likes: 23,606
GreenvilleVT

Also not true. Non profits cannot distribute assets

To board members or shareholders. Pretty much can only distribute to another non profit unless you want to lose your status.
Posted: 04/09/2024 at 03:55 PM ET
(In response to this post by Tuckahokie)

Thread Replies (14)

Full Thread →
A tradition like no other...**
great2bahokie • 04/09/24 09:13 AM ET
The peach ice cream sandwich is amazing.
GreenvilleVT • 04/09/24 03:47 PM ET
You’ll get nothing and like it**
HwoodHokie • 04/09/24 10:45 AM ET
Tradition
Babyhook03 • 04/09/24 10:00 AM ET
Is that like the 1986 price list?**
jmanatVT • 04/09/24 09:19 AM ET
No, that's current. They risk their non profit status of they bring in too
KeithHokie89 • 04/09/24 11:34 AM ET
Seriously this isn’t true.
GreenvilleVT • 04/09/24 03:49 PM ET
Another rumor I have heard is that the members actually get money back
Tuckahokie • 04/09/24 11:44 AM ET
Also not true. Non profits cannot distribute assets ◄
GreenvilleVT • 04/09/24 03:55 PM ET
They use the earnings to buy up the portions of Augusta they
GreenvilleVT • 04/09/24 03:51 PM ET
They should, they can't play their course for the best part of the year**
Vienna_Hokie • 04/09/24 03:46 PM ET
I did not know that. Looks like tickets are cheap too...if you win their
jmanatVT • 04/09/24 11:37 AM ET
They are. For practice round I paid $100 per person which is a steal.
ElbertoHokie • 04/09/24 01:12 PM ET
I could spend all day there...lol**
EDGEMAN • 04/09/24 09:18 AM ET
For $3,000 a day you can.
GreenvilleVT • 04/09/24 03:52 PM ET