mesard@bbn.com (Wayne Mesard) (09/10/88)
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The following is taken from a brochure put out by The Global Technology
Foundation. If you want more information, I can send you more text, or
an electronic copy of their computer equipment donation form. Other
than that, you'd do better to contact them directly. (Although, don't
expect a fast response. Happily, they've been swamped with requests for
information.)
If you have computer equipment you no longer need, you might get more
for it as a tax deduction than you would by selling it in the
classifieds. The same applies to businesses who often have thousands of
dollars of obsolete hardware taking up warehouse space. This material
could certainly be put to good use by G.T.F.
Disclaimer: I have no connection with Global Technology Foundation. I
heard a story about them on NPR and thought that it was a
cool (and Politically Correct) thing.
----
============================
Global Technology Foundation
Box 4861
Boulder, Colorado 80306
(303) 440-1115
============================
Improving the human condition through responsible worldwide sharing of
resources and knowledge.
----
The Global Technology Foundation is a non-profit organization formed to
promote the responsible and efficient use of technology worldwide. We
believe that technology, used responsibly, can help solve some of the
basic problems of the world. Our _Technology_Share_Program_ is simple
and elegant. Technological equipment that still has value and utility
is constantly being made obsolete by new advances in the United States
and other developed countries. The Global Technology Foundation will
collect and transfer this surplus equipment to a setting where its
utility can be realized. In as much as the Program is based on sound
economic principle, the creation of added value by redistributing
resources, we expect it ultimately to become self supporting.
----
Tax Advantages:
The internal Revenue Code, as amended, provides that a donor of material
equipment is entitled to a charitable contribution deduction. In
certain cases a donor can qualify under Section 170(e)(3) of the Tax
Reform Act of 1976 for a deduction equal to 100% of the basis plus 50%
of the difference between the fair market value and the basis.
----
Equipment Needs:
Computers and accessories
Medical and dental equipment
Agricultural machinery and tools
Water testing and purification equipment
Well drilling and construction machinery
Scientific equipment
Manufacturing and machine tools
Sewing machines
Telephone equipment
Wheels and tires
Typewriters
Motors
----
Shipping and Travel:
Contributions of perishable services such as air travel, shipping and
accommodations allow us to stretch our resources and expand our
services.
----
Cash Donations are Highly Leveraged:
Our analysis indicates that the cost to acquire, ship and place
equipment in operation will be only about one tenth of the fair market
value of the equipment once in place. Put another way $1 in cash will
create $10 in benefits.
----
International Organizations:
To simplify operations Global Technology Foundation will enter into
contracts with long established international, bilateral, and national
organizations such as AID, OXFAM, Peace Corp, VITA, ATI and others. We
will act as a resource and partner supplying needed equipment and
training support to their local or foreign representatives. These
cooperating organizations, with their intimate understanding of
recipient needs and resources, will largely direct and supervise the
transport, placement and use of equipment.
----
--
unsigned *Wayne_Mesard();
MESARD@BBN.COM
BBN, Cambridge, MA