Thread: Sigh...
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Old 10-02-2012, 09:01 AM   #31
Pypeassesty

Join Date
Oct 2005
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382
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Also the I believe the OFA was started by a guy who was relatively wealthy. Non profit organizations for the betterment of something are a favorite way for wealthy hobbyists to generate tax benefits. The OFA is a not for profit 501 (c) corporation. See their fee schedule. Does anybody really believe that for $65 they can take a DNA sample, send it to a quality lab and get a thorough DNA test performed and provide certified documentation? Regardless of how official it sounds, their certification is only as good as people believe it is. If they raise money through donations, fund raisers, government grants etc the real key word is money. AKC registration papers, the OFA, you name it are really about money and everything associated with stuff like this should be taken with a grain of salt. L. Ron Hubbard knew this and started selling his own brand of religion called Scientology. It is a beautiful scheme, and in the end he created a non profit, religion with all its tax exemptions and benefits that made him and now his estate enormously wealthy. The NHRA (National Hot Rod Association) is sanctioning body for professional and amateur drag racing. The original founder Wally Parks died a very wealthy man, and many of the employees, directors etc make lots of money, but what many don't know is that the NHRA is a non profit organization with all the tax benefits and exemptions that come with that.

Isn't the term not for profit corporation an oxy-moron? Just food for thought at a time when our government is broke.
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