Wal-mart beats out church in court over gun sales !!

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MIL-DOT

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Never thought I'd be cheering for wal-mart,LOL!! :D


http://www.forbes.com/sites/clareoco...rtner=yahootix

"Walmart has emerged victorious in a court battle against one of the country’s oldest churches over the retailer’s sale of assault weapons.

On Tuesday, the U.S. Court of Appeals reversed a previous ruling that would have required Walmart to let its shareholders vote on a proposal for tighter oversight of firearm sales at this June’s annual meeting....."
 
OneOunceLoad raises a very valid question? Who funded their litigation? Can 501(c)3s engage in lawsuits that are related to political activity?
 
Forbidden Activities


http://www.form1023help.com/id17.html




"3. Political Activity

Political activity (support of, or opposition to, candidates for public
office) is absolutely prohibited for 501(c)(3) organizations, and will lead
to revocation of exempt status as well as penalty taxes. (Do not confuse
political activity with lobbying, or legislative activity, described below.)

Some examples of forbidden political activity:

- Contributions to political campaign funds.
- Written or oral statements in support of or in opposition to a candidate.
- Candidate rating (of any kind - even scrupulous objectivity is
no defense).
- Making mailing lists, office space, or other services or facilites
available only to a favored candidate.
- Establishment of a PAC.

In addition to revocation of 501(c)(3) status, the IRS can impose a 10%
tax on the political expenditure, and require recovery of the political
expenditure. A 100% tax can be imposed if the funds are not recovered.
A 501(c)(3) that has had its exemption revoked because of political
activity is prohibited by law from applying for 501(c)(4) status.

The non-partisan educational activities listed below are permitted, but
be very careful. Do not engage in any of the listed activities without
knowledgeable professional advice.

- Publication of voting records
- Publication of candidates responses to questionnaires
- Public forums
- Voter registration activities
- Political science courses at universities
- News stories; news reporting"


No copyright notice on any of the pages.

.
 
Dang! I wanted to start buying 1 share of various companies and put forward odd and offensive propositions for shareholders to vote on.
 
Never thought I'd be cheering for wal-mart,LOL!! :D


http://www.forbes.com/sites/clareoco...rtner=yahootix

"Walmart has emerged victorious in a court battle against one of the country’s oldest churches over the retailer’s sale of assault weapons.

On Tuesday, the U.S. Court of Appeals reversed a previous ruling that would have required Walmart to let its shareholders vote on a proposal for tighter oversight of firearm sales at this June’s annual meeting....."
The link is 404'ed. Hmm. You posted a malformed URL.
 
When first hearing of this, I was disturbed by the very idea of a non-taxable not-for-profit church owning shares in a for-profit company. That cannot be legal......? :confused:
 
It's not the source of the funds, but how they are used that make somethng a non-profit. Nearly every entity that holds funds puts them into some type of fund or account that produces a return, albeit individual stocks would be unusual. Most pensions, retirement funds, 401ks have ties to the stock market, usually mutual funds. For that matter, keeping it in a bank and getting savings interest is investing in a for profit corporation.
 
Wonder whose money was behind the church - Bloomberg's, Soros', or both??? Good for Walmart.


"Wal-Mart had objected that allowing a vote on the proposal from Trinity Church, a historic church in downtown Manhattan..."

-quote taken from a Reuter's story that appeared 4/14.
 
Most of us in our churches don't agree with this. Someone is just using this church as a front, and it's in New York. I have many pastor and congregational friends as well as myself who own and participate in shooting sports such as pistol competitions and/or 3 gun, which calls for an AR or some type of semi-auto. And many CCW. But we are midwest country folk who depend on wally world for our cheaper practice ammo and an occasional long gun. Probably just simpletons who don't know better..:rolleyes:
 
Saddlebag preacher is right, we do the same stuff. While legal to participate in shareholding type deals (which our church does NOT do), it would certainly not seem prudent to try and wield the religion sword for a "social justice" cause that is invariably political, at least in this case.
 
some are pacifists and would maintain their views as they and their families are kneeling in the ditch.....

They can have their view, I just don't agree, and don't force me to be just as helpless.
 
According to the linked article, the church supports Occupy Wall Street and is adjacent to one of the locations best known for that "movement". So...surprised...not.
 
I think that when you are the country's leading employer, you cab do just about anything you choose to do. They must have several ex congressmen and senators as lobbyists.
 
The tax exempt status for churches (which are constitutionally protected from gub'ment intervention), is frequently abused, as are many of the other non-profit (not constitutionally protected) entities.

Sometimes millionaires create non-profits and hide their money there... usually employing their prodigy ( I often wonder what Paul Newman's daughter pulls as a salary for running Newman's Own.... which is a charity).

Sometimes, churches that long ago died (in terms of having a congregation) are co-opted by the very leaders who chased the parishioners away, who then take control of the property and use it for whatever purpose they wish.

The American Red Cross is probably the most corrupt non-profit there is... Don't believe me, just Google around and see what they did with (or didn't do with) all the post 911 money they took in.

Our local "non-profit" hospital is another one. The CEO is the highest paid exec. in the state, and their affiliated for-profit "physician's group" leases it's space from and does their billing through the non-profit owned hospital. Scam.

I'm personally in favor of removing non-profit status from all but constitutionally protected entities.
 
Our local "non-profit" hospital is another one. The CEO is the highest paid exec. in the state, and their affiliated for-profit "physician's group" leases it's space from and does their billing through the non-profit owned hospital. Scam.


Hmmm.....sounds just the way our Florida Governor ran his medical businesses (into the ground) on his way to fame, riches and the Governor's Office. My sister and her coworkers suddenly found their hospital stock (they had counted upon for retirement) now utterly worthless!
 
Trinity Church is the mother church of St. Paul's Chapel that gave so much support to 9-11 rescue workers. Unfortunately Trinity is affiliated with the Episcopal Church which many congregations left and joined the Anglicans due to LGBT support by the Episcopalians. Many would consider Trinity to be a liberal, apostate church that has departed from belief in the Bible.

On the other hand I'm employed part time by Sam's Club and try to be loyal to my employer. While it has many problems, it still provides jobs to thousands of Americans and tries to do the right thing if it's expedient. They do try and protect their image. I think this is the case in this legal action. I say good on 'em in this instance. :)
 
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Delford somewhat preceded me...

The Church congregation in question is an Episcopal group in New York City. The Episcopal Church (denomination) is rather 'liberal' both socially and Biblically. New York City needs no introduction.

I am a bit surprised they would sue in court over this, but I'm rather surprised they erased the part about homosexuality being prohibited from their Bibles.

I've been 'mainstream' Christian all my life; primarily Southern Baptist and now Berean Bible Fellowship. Firearms are well accepted. For the record, Christianity and 'pacifism' are NOT synonymous.
 
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