X-Message-Number: 30965
References: <>
From: Kennita Watson <>
Subject: Fwd: Why we can't take Paypal
Date: Thu, 21 Aug 2008 06:03:54 -0700

My wide-net suggestion would not involve 501C3 --
I don't think people donating $5 or $10 or $20
much care if it's tax-deductible.  I wouldn't
use the Venturist account; I'd set up a separate
one, named "William O'Rights Cryonic Preservation
Fund", and maybe connect it to a new savings
account (or the CI account, if they have one).

Set up a Web page (much of the work there has
been done, due to Mr. Pizer's eloquent pleas)
and add the URL to signature lines, Webrings,
etc.  Have a blog of his condition, life
accomplishments, etc.  One of those thermometers
showing how much of the money had been raised
would be a good touch.  You might even get a
human-interest story in the paper....

"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)." -- I think Mr.
Pizer greatly misestimates "anyone" on this
count; PayPal Donate is *much* easier for a
potential donor, and easy is the key to getting
minimally-motivated folk to give.  Just sayin'.

Live long and prosper,
Kennita

Begin forwarded message:
> 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).
> 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).

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