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W&H; AICR............................................... 21
The Contract; Related Agreements ....................... 25
A. The Contract (June 11, 1984) ..................... 25
B. The Escrow Agreement ............................. 29
C. Petitioner's “Draw” Arrangement................... 32
D. Agreement To Continue At 50 Percent The Percentage
Of Net Housefile Mailing Income The Fundraising
Contract Required To Be Retained In The Escrow
Account To Reimburse W&H.......................... 36
E. April 1987 Addendum to the Contract............... 36
Direct Mail Fundraising Campaign: 1984--1989............ 40
A. In General........................................ 40
B. W&H’s Advances Of The Initial
Capital To Conduct The Direct Mail
Fundraising Campaign.............................. 44
C. Vendors Who Furnished Goods Or Services........... 45
D. Rentals Of Mailing Lists.......................... 46
E. Sweepstakes Mailings.............................. 53
F. Adverse Publicity ................................ 60
G. Petitioner's Escrow Account-Related Problems...... 64
1. Draws and Petitioner's Dispute with W&H
Over the Calculation of Cumulative
Net Mailing Campaign Revenue................... 64
2. W&H’s Purchase And Invoice Control
Procedures..................................... 68
H. Petitioner's Attempt To Obtain A Copy of
Its Housefile..................................... 76
Petitioner's and W&H’s Respective Accounting
Treatments Of The Direct Mail Campaign's
Revenue And Expenses.................................... 78
Petitioner's Allocation Of Expenses Between
Fundraising And Public Education........................ 80
Opinion..................................................... 85
I. Status Under Sections 501(c)(3) And 170(c)(2)........ 85
A. W&H As Insider ................................... 90
B. Did Any Of Petitioner’s Net Earnings
Inure To W&H?..................................... 98
II. Retroactivity Of Respondent's Revocation Of The Prior
Favorable Ruling Letter Issued To Petitioner......... 111
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Last modified: May 25, 2011