Con or Bust Creates Its Own Nonprofit Corporation

Con or Bust, which “helps people of color/non-white people attend SFF conventions,” is now being run by its own newly-created not-for-profit corporation in New York. (Search the NY database). And they are seeking items for their annual online auction, with bidding to take place from May 25 through June 5.

Con or Bust’s fundraising activities formerly were part of the Carl Brandon Society (CBS). However, it came to public attention last year that the Society had lost its federal tax-exempt status, meaning Con or Bust donations would not be deductible until certain steps were taken by CBS to regain that status, which have yet to be completed.

Kate Nepveu announced that Con or Bust, Inc. filed a certificate of incorporation with the state on April 6, 2016. Its inaugural Board of Directors is:

Con or Bust followed by submitting an application for federal tax-exempt status under 501(c)(3) on April 17. Once approved, the tax-exempt status will be retroactive to the date that Con or Bust, Inc., was created. (The IRS says they should expect to hear within 90 days.) As a small charity, Con or Bust, Inc., is exempt from registration with New York State, but Nepveu says they will also be submitting an application to confirm that exemption. All of their corporate documents can be read online at the updated About page.

Meanwhile, the Carl Brandon Society is filing the tax returns necessary for its re-application for tax exempt status. Nepveu says CBS looks forward to having that in place later this year.

Auction: Con or Bust is principally funded through its annual online auction, and they are looking for donations.

Anyone can offer something for auction, by filling out a form on the website – all you need is an email address. Pictures of the item(s) can be uploaded at the same time

Full details are at the main auction information page. Click here for the Submit an Auction form.

Due the auction starting later, the next period for fans of color to request monetary assistance will be May 27-June 6.

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