IPA Foundation
Since the early days of the association, the IPA leadership has felt it was important for the membership to be represented to the public in a philanthropic endeavor. Therefore, the Independent Pilots Association Foundation, or IPA Foundation, was officially formed in late 1993. The first fiscal year began on July 1, 1994 and since then the Foundation has functioned as a separate entity, entirely self-sufficient, operated solely from the donations received through its members. As a separate entity, the IPA Foundation conforms to existing labor laws as well as sec. 501(c)(3) of the IRS code.
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Famous quotes containing the word foundation:
“What is the foundation of that interest all men feel in Greek history, letters, art and poetry, in all its periods from the Heroic and Homeric age down to the domestic life of the Athenians and Spartans, four or five centuries later? What but this, that every man passes personally through a Grecian period.”
—Ralph Waldo Emerson (1803–1882)