Difference between revisions of "Teaching, Education and More"

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The TEAM Foundation staff and Family volunteers hold in common the same motivation and desire: To reach out to those around us with God’s love, and to work together to make the world a better place for everyone, especially our children.
 
The TEAM Foundation staff and Family volunteers hold in common the same motivation and desire: To reach out to those around us with God’s love, and to work together to make the world a better place for everyone, especially our children.
  
Source: http://www.teamfoundation.com/index.php/archives/category/about-team/ teamfoundation.com: About TEAM] — accessed [[2006]]-12-17.
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Source: [http://www.teamfoundation.com/index.php/archives/category/about-team/ teamfoundation.com: About TEAM] — accessed [[2006]]-12-17.
 
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==Documents==
 
==Documents==

Revision as of 07:50, 18 December 2006

Teaching, Education and More (also known as TEAM Foundation and EduMedia Unlimited) is a Texas non-profit corporation founded in September 1998 and operated and controlled by The Family International. In March 1999, it applied to the United States Internal Revenue Service (IRS) for tax-exempt status and on April 28. 2000, the IRS determined that it was "exempt from federal income tax under section 501(a) of the Internal Revenue Code as an organization described in section 501(c)(3)." Starting in mid-1999, the corporation entered into copyright licensing, distribution and manufacturing agreements with Aurora Production AG and Family Care Foundation. The corporation also distributes products for Activated Ministries.

This section is a "stub". This means it is incomplete and needs further elaboration.

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Officers, Directors and Key Employees

The information below has been compiled from documents submitted by the corporation to the Internal Revenue Service. Not all the persons listed below are still involved with the corporation.

Connection to The Family International

While the corpration's filings with the Internal Revenue Service neglect to mention the fact that is is operated and controlled by The Family International and that other organizations it does business with are also operated and controlled by The Family International, its application for exemption does contain the following statement:

The Foundation intends to supply monies and/or sponsor educational materials produced by the Foundation to missionary families, such as, but not limited to, the fellowship of independent Christian missionary communities known as "The Family," the poor and the underprivileged, institutions and organizations, whether religious or educational, public or private, both in the United States and abroad, as the Foundation deems appropriate.

Furthemore, its agreements with Family Care Foundation specifify that certain favorable terms and special treatment be granted to to members of 'The Family":

In all agreements solicited by DISTRIBUTOR, provision will be made for non-commercial sales of the Property by projects operating under the umbrella of Family Care Foundation, or by members of the fellowship of independent missionary communities known as The Family...

LICENSOR retains the right to grant non-commercial distribution rights to projects operating under the umbrella of Family Care Foundation or by members of the fellowship of independent missionary communities known as The Family...

The corporation's web site contains the following statement about its relationship to The Family International:

TEAM & THE FAMILY:
TEAM FOUNDATION AND FAMILY MISSIONS - Making a Difference Together!

TEAM Foundation supports The Family International in educational programs in more than one-hundred countries around the world.

Dedicated Family volunteers and missionaries have pioneered, built & set-up hundreds of home-schools, missionary schools, schools for poor and underprivileged children as well as special schools for the deaf, blind or handicapped in the USA and in developing countries worldwide.

Family Volunteers have succeeded where others have failed; by focusing on family involvement, faith and character molding! Their programs give kids priceless experiences in essential life skills and in vocational training.

By partnerig [sic] together, thousands of dollars worth of materials have been donated to charities benefiting families and kids worldwide. Free administration of educational services has also been provided.

The TEAM Foundation staff and Family volunteers hold in common the same motivation and desire: To reach out to those around us with God’s love, and to work together to make the world a better place for everyone, especially our children.

Source: teamfoundation.com: About TEAM — accessed 2006-12-17.

Documents

Internal Revenue Service

Financial Statements

These "Compiled Financial Statements" documents are from the corporation's web site, purportedly prepared by the accounting firm Herold, Madsen & Lefkovits, P.C. and contain the following disclaimer:

A compilation is limited to presenting in the form of financial statements information that is the representation of management. We have not audited or reviewed the accompanying financial statements and accordingly, do not express an opinion or any other form of assurance on them. Management has elected to omit substantially all of the disclosures required by generally accepted accounting principles.

Other


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