Path: utzoo!utgpu!news-server.csri.toronto.edu!cs.utexas.edu!bcm!dimacs.rutgers.edu!aramis.rutgers.edu!athos.rutgers.edu!christian From: conan@sizzlean.berkeley.edu (David Cruz-Uribe) Newsgroups: soc.religion.christian Subject: Re: Tithing Message-ID: Date: 6 Apr 91 06:28:47 GMT Sender: hedrick@athos.rutgers.edu Organization: U.C. Berkeley Math. Department. Lines: 25 Approved: christian@aramis.rutgers.edu Our Fearless moderator writes (concerning tithing by a business): > >[There are legal and ethical issues involved with businesses. >But in other cases, I am >reasonably sure that the law (probably in the form of the S.E.C.) >would look very dimly upon the concept of a company tithing. --clh] Actually, my guess is that if a duly elected board of directors of a public corporation voted to donate ten percent (or whatever) of the corporation's profits to a Church or religious charity, the government would probably treat it as any other corporate charitable contribution. (In the eyes of the law, in this case there is should be no difference between public television and organized religion.) Where trouble could arise is if this did not reflect the will of a majority (or even a significant minority) of the stockholders. This could then trigger a civil suit by said stockholders. But this is a little different than what OFM indicated. At least this is how I read the law. Any corporate lawyers out there? Yours in Christ, David Cruz-Uribe, SFO