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Frequently Asked Questions
“Is it a 501 c 3 meaning a recognized charity for tax purposes?”
Yes.
“Is this a new foundation?”
Yes, State of Georgia date of notice: 27 October 2006. Registration number CH-06828, effective date 28 August, 2006. Exemption from Federal income tax under section 501 (c) (3) of the Internal revenue code received on 29 September and effective since 17 August, 2006.
“Who determines which patients will receive aid?”
The President, Neevra Weyers Walker and Vice-President, Dr Anthony Karpas, of the foundation, as well as the name sake of this foundation, Jerry W Walker will decide who will receive aid. Requirements of the Internal Revenue Service will be followed. E.g. the potential grantee must be a colorectal cancer patient, financially distressed.
“Who is managing the foundation?”
The President of the Foundation, Neevra Weyers Walker is currently managing the foundation
“How many people did the foundation help last year?”
It was not possible to give grants in 2006 since approval from the State of Georgia was only received at the end of October (27th). That left us two month’s before year end to actively seek donations. Only after a substantial amount of donations have been received will it be possible to give out grants to the needy.
“How many people does the foundation project to help in 2007?”
Currently we are not sure how far the money will go since cancer treatment is so expensive. We aim to help at least one person but naturally strive to do much better than that. It will really depend on the donations received. This foundation will consider itself a success if it can help at least one person a year.
“How much money do we plan do give to research?”
Currently there is no budget for research. We support it and want to disclose that fact, but our primary aim is to aid a patient in need.
