Place of Business

When securing nonprofit status during IRS consideration of our Form 1023 submission, we changed our Bylaws to state that we would not disburse project related funds unless a Place of Business was associated with the project. During the September Board Meeting, the President presented a pending personal purchase of a home and land in Wisconsin where space would be dedicated at no charge to the corporation. The Site offers the potential for solution demonstrations, and the two Front Rooms, with their own entry, will be available to the nonprofit as entry and Office Space. In addition, the land is ideal for supporting gardening. This purchase has progressed to a closing, so the Place of Business could be considered firm.

The first $100 received by the Gift Pool was dedicated by the Board to support Troubled Times Seed TEAM postage incurred by seed growers and seed hubs. If the Board approves this address as a Place of Business, the address of this Place of Business would then be included in the Annual Report. We could thus also proceed to reimburse the Seed TEAM members, when presented with vouchers and proof of postage by the hubs.

Gathering and distribution of the 1998 harvest has already started, and the President has informed the TEAM hubs to save proof of posting received from the growers, and to record or retain receipts from their own expenses. In some instances, proof of postage will on the honor system, based on the hub's declaration. These are minor expenses, with the growers and hubs in communication with each other, and the postage an extremely minor expense in all cases.