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Setting Up An Airport Trust Fund?
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February 24th 04, 04:45 PM
Jim
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The most dangerous sharks may be the ones that solicit your business of
"managing" the trust fund money.
--
Jim Burns III
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"Jay Honeck" wrote in message
news:mFK_b.381198$I06.4157139@attbi_s01...
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"
Jim