Posted by Dr. Bob on July 13, 2002, at 12:47:19
In reply to New Issue (I think), posted by ShelliR on July 11, 2002, at 23:46:41
> 1. Why is the money sent to the University of Chicago instead of to you, if they give the contributions directly to you? Is it related to the fact that you would have to pay taxes on this money if it didn't come from the University? Does the money you put into this site reduce your total income tax?
The idea is for it to be a tax break for those who donate, since the University is a non-profit institution, not for me. I'm not a tax attorney, but my understanding is that if I accepted something directly, it would be a gift, and not income, and therefore not taxed unless it was a lot.
I haven't taken the money I put into the site as a deduction, no. But that's an idea...
> 2. Aside from the amount the University reinburses to you from checks marked specically for PB, does the University of Chicago pay for any of your research? If yes, does any of that money go directly for sustaining this board? If not, why not? My understanding is that this is your primary function at university of Chicago.
Two other projects have received internal funding (one that had to do with videoconferencing that never got off the ground and Grand Rounds on the Internet), but not this one. I'm on a clinical and educational track, not a research one.
> 3. If the University is not giving you the money to run this site, do you get a tax break per year because of the expense of this board that comes directly from your pocket?
I haven't, but like I said, that's an idea...
Bob
poster:Dr. Bob
thread:6229
URL: http://www.dr-bob.org/babble/admin/20020627/msgs/6286.html