Friends of the Bridge
Board of Directors Barbara Floersch Kathleen Casserly David Dauria Irene Racz Tim Simard Nat Winthrop (Emeritus) Mailing Address P.O. Box 1641 Montpelier, VT 05601 Email Address email@example.com Tax Status Friends of The Bridge is recognized as a 501(c)(3) Tax Exempt Organization by the U.S. Internal Revenue Service and as a non- profit organization by the Vermont Secretary of State
Although The Bridge is free to readers, it takes money to produce it. In addition to free-lancers and staff, the ongoing costs of printing, postage, distribution, and professional services add up quickly. Office space is donated, volunteers contribute time, and the operation is strictly no-frills. While advertising revenue covers most expenses, it doesn’t stretch quite far enough to make ends meet. Because of that, fundraising to close the gap between income and expenses is essential. The Bridge is a state of Vermont nonprofit, but does not hold federal tax-exempt status. Following the lead of other community newspapers in Vermont, in 2018 The Bridge board created a separate nonprofit entity, Friends of The Bridge, which is a 501(c)(3) tax-exempt organization with its own board of directors. To close the gap between advertising revenue and operating costs, Friends of The Bridge solicits donations, hosts fundraising events, and submits grant applications. It expends funds on projects that support operations of the newspaper and that will increase the sustainability of The Bridge for years to come. Friends board members are Barbara Floersch (president), David Dauria (treasurer), Nat Winthrop (secretary), Kathleen Casserly, Irene Racz (liaison to The Bridge board), and Tim Simard. The cash contributions, in-kind donations, grants, and volunteer hours provided by the community make The Bridge possible. Friends of The Bridge board members are deeply appreciative of the engaged community members and businesses who provide funding and work with us to sustain and invigorate our community newspaper.