Position Paper
In conjunction with the recent purchase and razing of the Bamborough cottage, several Castle Park Association (“Association”) members secured IRS 501(c)(3) tax exempt status for a separate entity, the Carter P. Brown Legacy Preservation Fund (“Fund”). The Fund introduced itself to the Castle Park membership with an announcement on our website and began soliciting contributions.
It is now the Board’s responsibility to evaluate on behalf of our Members what opportunities and risks the Fund presents to the Association. What follows is a summary of the Board’s consensus on these issues.
