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Old February 24th 04, 04:07 PM
Jay Honeck
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Default Setting Up An Airport Trust Fund?

A group of us are meeting today to discuss setting up a "Friends of Iowa
City Airport" trust fund as an ancillary to our support group. Voluntary
donations could be made by airport supporters to help off-set the cost of
running our airport.

Our local library has done something similar, and now has over $1 million in
the bank, paying interest every year. It seems like a great way to fund an
under-funded airport.

Anyone here been down that road? Any words of advice before we jump into
the shark-infested waters? :-)
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"