AMSAT NEWS SERVICE SPECIAL BULLETIN ANS-186
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In this edition:
* AMSAT Responds to Allegations of Unauthorized Legal Expenses
SB SAT @ AMSAT $ANS-186 ANS-186 AMSAT News Service Special Bulletin
AMSAT News Service Bulletin 186.01 From AMSAT HQ KENSINGTON, MD. DATE July 4, 2020 To All RADIO AMATEURS BID: $ANS-186.01
AMSAT Responds to Allegations of Unauthorized Legal Expenses
The Radio Amateur Satellite Corporation (AMSAT) has been made aware of public comments alleging financial mismanagement in the form of “unauthorized” legal expenditures. AMSAT takes these allegations very seriously and in full disclosure, has investigated these claims for many months.
AMSAT’s corporate records give a full accounting of all expenditures and are provided to its Directors upon request, in compliance with our governing documents and law of the District of Columbia (D.C.) Our office remains closed due to COVID-19, where those documents reside. Furthermore, AMSAT complies with IRS rules for 501(c)(3) disclosure of public financial documents, such as the Form 990 available on the AMSAT website. Financial review and accounting services from a third- party firm of Certified Public Accountants are utilized by the corporation to ensure governance to best practice and law.
The Corporation vehemently denies false statements alleging “unauthorized” expenditures.
On behalf of AMSAT,
Clayton Coleman, W5PFG President
[ANS thanks Clayton Coleman, W5PFG, AMSAT President, for the above information]
/EX
In addition to regular membership, AMSAT offers membership in the President's Club. Members of the President's Club, as sustaining donors to AMSAT Project Funds, will be eligible to receive addi- tional benefits. Application forms are available from the AMSAT Office.
73 and Remember to help Keep Amateur Radio in Space,
This week's ANS Contributing Editor,
Paul Stoetzer, N8HM n8hm at amsat dot org