Of course we raise some of our income from the tuition we charge students for class sessions,
as well as for seminars. There is also the testing fees that are charged on
behalf of Tae Kwon Do Chung Do Kwan Schools (TCS) the organization that gives
acreditation to our rank. The testing fees are strictly the fees charged by TCS.
We also raise some income through the sale of martial arts supplies
to students such as the uniforms that are required for classes.
We also raise money through sales of various items by our students and/or volunteers.
The IRS allows non-profit organizations to raise money though such ventures
that are NOT related to the purposes of the non-profit`
without taxes being charged provided the following three apply:
This event is held about twice a year and is run by one or two volunteers, who both
receive a discount on their entrance fee to the event. Our main volunteer has been
Vicki Kluzek, but for the latest Spring 2010 event we have a new volunteer Lori Penrod.
The event is held at Highlands Presperterian Camp and Retreat
center a local non-profit organization who has a nice facility for this event. The event was
sponsored by the local quilt shops in the past, but the Center changed their policy so they
require that groups that use their facility be non-profit. As such Vicki (who organized the
events previously) asked our group if we could sponsor the event in trade for earning some
part of the gross income from the event, which we could then put into our scholarship program to
pay for tuition of students who needed help, or for students that needed help in making it to
our own seminars. The profit we receive from the event, depends on the numbers of people
that attend the event and the exact number in the rooms. The center has minimum required numbers, and
a few special charges, and we have charges for copies for flyers and mailings to advertise the
event. So we don't receive a set amount from each person -- but we do get about 10-20% of the
total for the event.
Some of the attendees have also very graciously made donations to our organization above and
beyond the fee charged for the event, that we have also very much appreciated. Vicki makes a
point to tell the attendees about our program and how their donations help us with our scholarship
program.
To pay for an upcoming quilting retreat go to:
Quilting Retreat Payment.
For more information Contact Master Erik Kluzek at: erik@coloradobluewave.org or (303)772-6225 or
mail to COBWAMA, PO Box 2507, Longmont CO 80502-2507
