X-Message-Number: 30957
Date: Wed, 20 Aug 2008 08:58:19 -0700 (PDT)
From: david pizer <>
Subject: Why we can't take Paypal

Concerning the O'Rights fund raising  said:
"I think it would help if there was a Paypal account for contributions."



I would agree with Martin that if Paypal worked like it should that would be 
helpful.  But the Venturists have had a lot of trouble with Paypal when we used 
them in the past.  When we were collecting money for Marce, Paypal froze all the
money in the Venturist Paypal account and would not pass it through to us.  It 
took us months of hard work to finally get them to release the money.  The 
process of dealing with them was aggravating as they seemed very hostile to 
cryonics and also they were having trouble from the feds on all the Paypal 
accounts they allow to collect money that have 501c3 designation.  


I speculate they got into some kind of trouble concerning 501c3 accounts and 
rather then do the work to straighten in all out they just froze money in those 
accounts (to satisfy the feds and keep from getting fines to themselves for 
wrongly hanlding the 501C3 money) and made us do the work they should have been 
doing.


Further, I suspect that they have not yet straightened out their problems with 
regulations concerning how they handle 501c3 organizations' money and either 
they or the feds could confiscate the money again.  If the feds confiscate the 
money, for Paypal not following fed laws or whatever the problem is, we might 
never get it back.


I hope that anyone who would send money using Paypal to help Mr. O'Rights will 
still send the money direct to the Venturists using a check (or cheque if out of
the country).

Sincerely,

David Pizer
For the Venturists

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