{"id":745,"date":"2011-08-02T19:32:47","date_gmt":"2011-08-02T19:32:47","guid":{"rendered":"http:\/\/www.malcs.org\/archive-2017\/?p=745"},"modified":"2011-08-05T06:15:56","modified_gmt":"2011-08-05T06:15:56","slug":"malcs-a-brief-history-of-the-organization%e2%80%99s-fiscal-status","status":"publish","type":"post","link":"https:\/\/malcs.org\/archive-2017\/2011\/08\/02\/malcs-a-brief-history-of-the-organization%e2%80%99s-fiscal-status\/","title":{"rendered":"MALCS: A Brief History of the Organization\u00e2\u20ac\u2122s Fiscal Status"},"content":{"rendered":"<p style=\"text-align: left;\"><em>Fourth in the series from the Executive Committee<\/em><\/p>\n<h2 style=\"text-align: center;\"><\/h2>\n<p>We know that many of you are interested in MALCS\u00e2\u20ac\u2122s status as an organization. Of particular interest is this question: Are we a 501c3 organization? The short answer to that question is no. Currently, we are an organization registered in California operating under the fiscal agency of The Chicana\/Latina Foundation (CLF), a 501c3 organization. If you\u00e2\u20ac\u2122d like more information about this organization, you can meet Olga Talamante, the Executive Director, at the Summer Institute. She will be presenting a workshop on Friday, August 5, 9-10:15 a.m. If you aren\u00e2\u20ac\u2122t going to the Institute this summer, please feel free to check out the CLF website. You can find it at <a href=\"https:\/\/www.chicanalatina.org\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">https:\/\/www.chicanalatina.org\/<\/a>\u00c2\u00a0 \u00c2\u00a0What I present here is an explanation of our organization\u00e2\u20ac\u2122s fiscal status.<\/p>\n<p><strong>A Short History<\/strong><br \/>\nAt its inception, MALCS thought of becoming an independent organization but because it was housed at UC Davis, it was under the auspices of the Chicana\/Latina Research Center for many years. This partnership with the Center and the University was financially advantageous. While there were some donations that supported the journal, the journal was largely funded by the university. In addition, all financial business was conducted via the university.<\/p>\n<p>In the early 1980s, Dr. Ada Sosa Riddell, our founder, registered MALCS as a state organization in California. She also established a bank account for our membership funds. Although Dr. Sosa Riddell and others looked into getting federal status as a 501c3, they did not complete the process.<\/p>\n<p>As MALCS separated itself from the Chicana\/Latina Research Center and the University of California, Davis, we began to conduct all our MALCS business via the institutions with which we had working relationships: the universities that organized our summer institute and the universities that hosted the journal. We were able to process all necessary financial transactions through these institutions. In addition, we were generating less than $10,000 a year. At the time, there seemed to be no need to pursue 501c3 status.<!--more--><\/p>\n<p><strong>501c3 or a Fiscal Agent?<\/strong><br \/>\nAs we have developed, grown and formalized MALCS as an organization, the financial circumstances have changed. We now make more than $25,000 annually, which is the threshold for filing taxes for an organization. When this happened, I brought up this question: should we once again look into becoming our own 501c3 organization? Or should we find a fiscal agent who would formally help us keep our organization in good fiscal standing?<\/p>\n<p>At the time, I proposed to the Executive Committee that we pursue a fiscal relationship with an established organization. I argued that until MALCS has the capacity to pay formal staff, we shouldn&#8217;t and couldn&#8217;t move on the 501c3. As an all-volunteer organization, it is difficult to build the financial infrastructure necessary for 501c3 status. An established fiscal agent would provide the necessary administrative infrastructure for our fiscal matters. The Executive Committee agreed.<\/p>\n<p>The relationship we have developed with the Chicana Latina Foundation, an organization whose mission is \u00e2\u20ac\u0153to empower Chicanas\/Latinas through personal, educational, and professional advancement,\u00e2\u20ac\u009d is a good match for us and one which we need to take advantage of as part of our pipeline for Chicanas in higher education and community leadership. There are other advantages as well: 1) donors are still able to make tax-exempt donations, and 2) MALCS does not take on the fees that are often associated with becoming a 501c3 including paying staff salaries and benefits, worker&#8217;s compensation, board insurance, annual taxes, etc.\u00c2\u00a0In addition, our relationship with this organization offers some opportunities to partner on grants, something which funders look favorably on.\u00c2\u00a0We pay the Chicana\/Latina Foundation $1500 a year to serve as our fiscal agent.<\/p>\n<p><strong>Making a Donation to MALCS<\/strong><br \/>\nThe issue of being our own 501c3 comes up regularly when members donate and need proof of their donation. There is no problem with individual donations. Any of our mujeres can make a donation and use the Chicana Latina Foundation tax identification number for the write-off. If interested, please contact me for that information<\/p>\n<p>When individual donors give funds to CLF for MALCS, they go into a sub account for us where this money is held until we need to use it. When we request those funds, we follow CLF administrative procedures. When we write\/receive grants, we will use CLF procedures again to use and track the funds.<\/p>\n<p><strong>A Few Other Notes<\/strong><br \/>\nI just have a few other things to say about this arrangement and the opportunities it offers. By way of self-disclosure, I sit on the board of the Chicana\/Latina Foundation, currently as co-president. I am recommending that our administrative coordinator (currently, me) submit formal reports to both the MALCS Executive Committee\/membership and to CLF so there is transparency on our proposed and actual use of MALCS funds. And finally, I look forward to sitting down and brainstorming with MALCS members about future fundraising plans to support the important work we do on campuses and in communities.<\/p>\n<p>Lupe Gallegos Diaz<br \/>\nMALCS Administrative Coordinator<\/p>\n<p><a href=\"https:\/\/www.malcs.org\/archive-2017\/malcs-leadership-2010-11-new\/news-from-the-executive-committee\/#Financial\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">This article also posted at the main website here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fourth in the series from the Executive Committee We know that many of you are interested in MALCS\u00e2\u20ac\u2122s status as an organization. Of particular interest is this question: Are we a 501c3 organization? The short answer to that question is no. Currently, we are an organization registered in California operating under the fiscal agency of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,7],"tags":[],"class_list":{"0":"post-745","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-general-news","7":"category-malcs-business","8":"entry","9":"override"},"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":726,"url":"https:\/\/malcs.org\/archive-2017\/2011\/07\/07\/news-from-the-executive-committee\/","url_meta":{"origin":745,"position":0},"title":"News from the Executive Committee","author":"la Webjefa","date":"July 7, 2011","format":false,"excerpt":"Dear MALCistas, In the coming weeks before our 2011 Institute, our website will feature a new section \u00e2\u20ac\u0153News from the Exec\u00e2\u20ac\u009d The MALCS Special Gathering launched an assessment of our organization that would address how we, as a national body, bridge all aspects of our work. The Special Gathering called\u2026","rel":"","context":"In &quot;Announcements&quot;","block_context":{"text":"Announcements","link":"https:\/\/malcs.org\/archive-2017\/category\/announcements\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1646,"url":"https:\/\/malcs.org\/archive-2017\/2015\/07\/09\/malcs-executive-coordinating-committees-officer-elections-at-the-2015-summer-institute-in-albuquerque-nm\/","url_meta":{"origin":745,"position":1},"title":"MALCS Executive &#038; Coordinating Committees: Officer Elections at the 2015 Summer Institute in Albuquerque, NM","author":"la Webjefa","date":"July 9, 2015","format":false,"excerpt":"At this year\u00e2\u20ac\u2122s Summer Institute, we will elect officers for four positions on the organization\u00e2\u20ac\u2122s Executive Committee: chairperson elect, treasurer, recording secretary, membership coordinator. We will also elect three at-large representatives for the Coordinating Committee. With the exception of the Chairperson-elect, who serves a three-year term (Chairperson-elect, Chair, Ex-Officio), all\u2026","rel":"","context":"In &quot;MALCS Summer Institute&quot;","block_context":{"text":"MALCS Summer Institute","link":"https:\/\/malcs.org\/archive-2017\/category\/malcs-business\/malcs-summer-institute\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1171,"url":"https:\/\/malcs.org\/archive-2017\/2012\/02\/20\/state-of-the-organization-malcs-executive-committee-working-on-major-initiatives\/","url_meta":{"origin":745,"position":2},"title":"State of the Organization: MALCS Executive Committee Working on Major Initiatives","author":"la Webjefa","date":"February 20, 2012","format":false,"excerpt":"by\u00c2\u00a0M\u00c3\u00b3nica F. Torres,\u00c2\u00a0Chair, MALCS Executive Committee For several years now, the MALCS Executive Committee has been working on critical initiatives, projects it believes will fortify the foundation of the organization for the next period of time. Bylaws Revision. As members know, particularly those who attended the 2012 Summer Institute in\u2026","rel":"","context":"In &quot;MALCS business&quot;","block_context":{"text":"MALCS business","link":"https:\/\/malcs.org\/archive-2017\/category\/malcs-business\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1465,"url":"https:\/\/malcs.org\/archive-2017\/2013\/05\/29\/call-for-nominations-malcs-executive-committee-officer-elections\/","url_meta":{"origin":745,"position":3},"title":"Call for Nominations: MALCS Executive Committee Officer Elections","author":"la Webjefa","date":"May 29, 2013","format":false,"excerpt":"MALCS Executive Committee Officer Elections to be held at the 2013 Summer Institute At this year\u00e2\u20ac\u2122s Summer Institute, we will elect officers for four positions on the organization\u00e2\u20ac\u2122s Executive Committee: chairperson elect, treasurer, recording secretary, membership coordinator. We will also be electing three at-large representatives for the Coordinating Committee. With\u2026","rel":"","context":"In &quot;Announcements&quot;","block_context":{"text":"Announcements","link":"https:\/\/malcs.org\/archive-2017\/category\/announcements\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":743,"url":"https:\/\/malcs.org\/archive-2017\/2011\/07\/27\/news-from-the-exec-proposed-by-laws-revision\/","url_meta":{"origin":745,"position":4},"title":"News From the Exec:  Proposed By-laws Revision","author":"la Webjefa","date":"July 27, 2011","format":false,"excerpt":"Third in the series from the Executive Committee\u00c2\u00a0 Summary of Major Changes In the spring of 2010, the Executive Committee undertook a major revision of the MALCS bylaws, the first revision since 1991. Since that time, the Executive Committee has visited and revisited drafts, taking care to deliberate thoughtfully on\u2026","rel":"","context":"In &quot;General News&quot;","block_context":{"text":"General News","link":"https:\/\/malcs.org\/archive-2017\/category\/general-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1555,"url":"https:\/\/malcs.org\/archive-2017\/2014\/05\/27\/malcs-2014-proposal-for-changes-to-the-bylaws\/","url_meta":{"origin":745,"position":5},"title":"MALCS 2014: Proposal for Changes to the Bylaws","author":"la Webjefa","date":"May 27, 2014","format":false,"excerpt":"MALCS 2014: Proposal for Changes to the Bylaws from: M\u00c3\u00b3nica F. Torres, Ex-Oficio (Downloadable version: 2014 by-laws resolutions_MALCS) \u00a0 At the business meeting of the 2013 MALCS Summer Institute at Columbus, Ohio, a resolution was passed that proposed two changes to the bylaws and two actions in the operating practices\u2026","rel":"","context":"In &quot;General News&quot;","block_context":{"text":"General News","link":"https:\/\/malcs.org\/archive-2017\/category\/general-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/malcs.org\/archive-2017\/wp-json\/wp\/v2\/posts\/745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malcs.org\/archive-2017\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malcs.org\/archive-2017\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malcs.org\/archive-2017\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malcs.org\/archive-2017\/wp-json\/wp\/v2\/comments?post=745"}],"version-history":[{"count":0,"href":"https:\/\/malcs.org\/archive-2017\/wp-json\/wp\/v2\/posts\/745\/revisions"}],"wp:attachment":[{"href":"https:\/\/malcs.org\/archive-2017\/wp-json\/wp\/v2\/media?parent=745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malcs.org\/archive-2017\/wp-json\/wp\/v2\/categories?post=745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malcs.org\/archive-2017\/wp-json\/wp\/v2\/tags?post=745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}