Minneapolis Bicycle Polo Inc.

March 18th, 2010  |  Published in MWBPC8, News  |  3 Comments

I’m proud to announce that our club is officially a Minnesota Non-Profit Corporation, making it the first in North America to incorporate (to our knowledge)! Our President is Kat, Landon is the Treasurer and I am a non-titled board member. We organized the corporation so that we could accept checks from sponsors, process MWBPC8 registrations on-line, write checks to vendors, and pursue partnerships to create a dedicated, polo-specific court in Minneapolis. Pending federal 501(C)3 status will mean that sponsor contributions are tax-deductible.
Although the fees seem a bit much, the process is pretty straightforward—as long as you’re willing to read a lot of statutes and have arguments with your friends about Articles of Incorporation, Bylaws, board membership, and banking institutions. If anyone out there is interested in incorporating their club, drop us a line and we’d be happy to answer questions. Same goes for anyone who want to donate to the club or sponsor the MWBPC8. Think we’re sell-outs? Trash talk accepted below!

Update: London Hardcourt Bike Polo Association claims the World’s First on this one.

Responses

  • drewcomo says:

    Good job, guys!

    March 19th, 2010 at 8:06 am (#)

  • March Madness « KANSAS CITY BICYCLE POLO says:

    [...] polo club to do so. I’m excited to see what they do with it. Learn more about it on their beautiful website, of which I am envious. March 20th, 2010 | Tags: expo, mpls, tweed ride | Category: [...]

    March 20th, 2010 at 1:34 pm (#)

  • Fatty McBastard says:

    This is actually incredibly smart. Many large employers offer a company match on 501(c)3 charitble donations. Someone employed by such a company donates $100, you get $200. That starts the wheels turning….

    March 23rd, 2010 at 11:17 am (#)

Talk Trash