Name/Title
IRS Exemption Application Sept 23,1920Entry/Object ID
001703Tags
Robert McLeod JacksonScope and Content
These documents consist of a two-page "Exemption Application" (Form 1025) submitted to the Internal Revenue Service by the William Bull and Sarah Wells Family Association, Inc. The application, signed by Secretary Robert McLeod Jackson, seeks tax-exempt status as a social club.
The filings reveal that while the association was formally incorporated in New York on September 23, 1920, it had existed as an informal group since 1868. The primary mission was the preservation of the "Bull Stone House" (built in 1722) in Campbell Hall, NY, and the fostering of kinship among the builders' descendants. Notable details include the financing of the site through voluntary contributions, a $0.25 entrance fee for visitors, and the rental of vacant farm land.
Property is rented, but not from members, officers etc.
Association has vacant land that is used for farming purposes.
Association has sold property. Net income has no benefit to private individuals or shareholders
