Join Date: Apr 2006
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Re: The great sailboat giveaway!
Ray, your web site makes it clear that you are not giving away a boat. And as I said on another forum, where your post was apparently pulled by the moderators, you are likely to get in trouble with state and federal authorities for advertising it as a "giveaway" when in fact you are NOT giving it away.
Your web site makes it clear that after you have trained someone, you will LEND them the boat for two years, IF they agree to perform services for you on an as-needed when-needed open basis.
That's pretty much like saying you're looking for a CARETAKER to live aboard your boat, unpaid for the rest of their work but getting free housing in exchange for their work.
If you were giving it away, you'd be conducting some sort of lottery or other selection process, and then transferring the title to the vessel without further complications or conditions.
You're not doing that, you're making a barter deal for someone to work for you. And, one hopes, remembering to report that barter income to the IRS as what it is. I have to wonder, given the contract conditions, if they'd also consider you to be an employer and subject to federal labor and tax laws from that aspect as well. The boat is your property, your terms, sure sounds like an employment situation.
Got your 501(c)3 from them yet, while you're at it?
The organization sounds like a clever idea, but when free isn't free--that's not so clever.
Last edited by hellosailor; 08-01-2012 at 12:12 PM.