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Advisory board asks town attorney to clarify role of Friends of Bay Oaks and tax-deductible donations
Summary
Members discussed whether Friends of Bay Oaks should remain active, how donations should be handled, and asked the town attorney to advise whether town-managed contributions are tax-deductible or whether a 501(c)(3) is preferable for donors seeking deductions.
On Jan. 15 the advisory board debated the future of Friends of Bay Oaks, a local 501(c)(3) organized to support park fundraising, and asked staff to invite the town attorney to a future meeting to clarify rules around donations and tax deductibility.
Board members said the group has an existing bank account and some fundraising activity but lacks a volunteer base to sustain leadership. Jesse, the group’s…
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