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  1. #1
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    Doi Proceeds - What Is The Truth?

    We have all been speculating and commenting for years regarding the book, the "foundation", the proceeds etc.

    Is there a legal knowledgeable person out there that knows how to find out what exactly the proceeds were? Is it public record? Do the Ramseys legally have to state the proceeds to the public because of their claims?

    I would be very interested to know exactly what the proceeds were for the sales of the book, especially since the Ramseys claim to still be giving money from the "foundation". You know, the one that doesn't exist anymore.

    Since the book is still for sale, where do those proceeds go now? Can they still legally claim the charity on the book THAT IS STILL BEING SOLD?????

    Does anyone know the answers to these questions?

    Edited to add:
    http://www.amazon.com/gp/reader/0451...0B#reader-page

    This is the page you continue to see on Amazon.com when you want to order this book. It continues to state that the proceeds go to the Foundation. Is this legal?
    This is my opinion only
    This post may not be copied to any other forum

    God Bless America

  2. #2
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    What happened to those PROCEEDS?????????? This is an old article, but a seemingly forgotten little tidbit, which I have taken the liberty of enlarging and putting in bold type.




    The BoulderNews Ramsey Archive
    Articles from the Daily Camera


    --------------------------------------------------------------------------------

    Investors buy Ramseys' 15th Street home
    By MATT SEBASTIAN, Camera Staff Writer
    Friday, February 6, 1998

    A group of investors bought the former Boulder home of John and Patsy Ramsey on Thursday and pledged to resell it at a later date, donating profits to the JonBenet Ramsey Childrens Foundation.

    In a statement released Thursday morning, local attorney Michael Bynum said the house sold for $650,000 to an investor group named after the Ramsey homes address, 755 15th St., L.L.C.

    The group, according to Bynums statement, is "composed of individuals assisting the Ramsey family."

    Bynum, who in the mid-70s served as a Boulder County deputy district attorney, declined to elaborate on his brief press release. A friend of the Ramseys, Bynum took "Primetime Live" co-host Diane Sawyer on a tour of the house last summer.

    Colorado Secretary of State records show 755 15th St. was incorporated Jan. 21 and lists Boulder resident Anne Bork as its registered agent. When asked Thursday about the purchase of the Ramsey home, Bork said, "I dont have any comment on that."

    Bynums statement says the group will hold the home "for an as yet undetermined period of time" before offering it for resale. Any profits will go to the JonBenet Ramsey Childrens Foundation, a group set up by the slain 6-year-old's parents.
    JonBenet Ramsey was found murdered Dec. 26, 1996, in the basement of the 15th Street home. Over the past year, the children's foundation has purchased several advertisements in the Daily Camera touting a $100,000 reward for information leading to the arrest and conviction of JonBenet's killer.
    John and Patsy Ramsey, along with their 11-year-old son Burke, haven't lived in the home since JonBenet was found murdered. In July, the couple purchased a home reportedly worth $750,000 in an Atlanta suburb.

    The Ramseys bought their 6,800-square-foot Boulder home in 1991 for $500,000. The four-bedroom, 61/2-bathroom Tudor-style home has been renovated since then. Prior to JonBenet's death, the family reportedly turned down a $2 million offer for their house.

    According to Bynum's statement, the Ramsey family already had sold the home to a "relocation service" retained by John Ramsey's employer. Whether the employer in question is Access Graphics - the company Ramsey founded - or its former corporate owner, Lockheed Martin, is unknown.

    The broker who handled Thursday's sale to the investor group, Joel Ripmaster of Colorado Landmark Realtors, said the relocation service, which he wouldn't name, hired him "late last year" to list the property.

    Ripmaster said he couldn't comment on how much the relocation service paid the Ramseys for the house, or when it was originally sold.
    So where's the money????????
    This is my opinion only
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    God Bless America

  3. #3
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    Maybe L. Wood knows?

    IMO

  4. #4
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    Barbara those are all excellent questions.

    The Ramseys are now saying the foundation is private.

    I have uploaded a scanned news article from the Gaylord Times that talks about it.

    Oh they also talk about a certain Larry King Live caller...LOL.

    Feel free to transcribe it and bring it here. I would but I have to run.

    Here is the link to the thread.
    http://www.forumsforjustice.org/foru...ead.php?t=4740
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  5. #5
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    Quote Originally Posted by Tricia
    The Ramseys are now saying the foundation is private.
    ? Kinda like... a savings account? Hey, I have a private foundation, too, and make donations to myself on a regular basis.
    The intruder is innocent! JMO

  6. #6
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    Quote Originally Posted by Tricia
    Barbara those are all excellent questions.

    The Ramseys are now saying the foundation is private.

    I have uploaded a scanned news article from the Gaylord Times that talks about it.

    Oh they also talk about a certain Larry King Live caller...LOL.

    Feel free to transcribe it and bring it here. I would but I have to run.

    Here is the link to the thread.
    http://www.forumsforjustice.org/foru...ead.php?t=4740
    I thought about transcribing the article, but stopped when I realized that for me, being able to read the article clearly as it was actually written in the newspaper had a much bigger impact than when it is retyped by someone.

    It is an excellent article and I also have no idea what "private" means as it relates to a charity. What about the book proceeds? What does John mean that every penny in the funds are HIS OWN monies???? (ME ME ME). He sure does get insulted easily. NOT a good characteristic for an up and coming politician.

    Again, EXCELLENT article. Good for you Tricia! Somebody on the forums who is willing to stick her neck out.

    BE CAREFUL OUT THERE! Those Ramseys and their followers can be NUTS
    This is my opinion only
    This post may not be copied to any other forum

    God Bless America

  7. #7
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    Quote Originally Posted by Britt
    ? Kinda like... a savings account? Hey, I have a private foundation, too, and make donations to myself on a regular basis.
    This is my opinion only
    This post may not be copied to any other forum

    God Bless America

  8. #8
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    Sooooo in other words, John can use the money from DOI paperback sales, declare it private and dispense it to further his political career.

    Why didn't the Ramsey's include this info on the cover of their book? Isn't this called FRAUD?
    -
    My opinion and nothing but my opinion.

    Tor:Con Index link below. Will show you the probability of a tornado happening in your area.
    http://www.weather.com/news/tornado-torcon-index

    FEMA's link for Emergency Supplies list below or what you need to survive for three days in case help is not immediately available to you.
    http://www.ready.gov/document/family-supply-list

    You can also purchase a weather radio which will inform you of severe weather even if your electricity goes out. Runs on batteries of course.

  9. #9
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    John Ramsey Says......

    "We set one up for Beth, we set one up for JonBenet, and every penny that goes into those foundations is my own money."

  10. #10
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    Quote Originally Posted by RiverRat
    "We set one up for Beth, we set one up for JonBenet, and every penny that goes into those foundations is my own money."



    Huh?
    This is my opinion only
    This post may not be copied to any other forum

    God Bless America


  11. #11
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    Quote Originally Posted by RiverRat
    "We set one up for Beth, we set one up for JonBenet, and every penny that goes into those foundations is my own money."
    John didn't buy my book for me....I did. Is he admitting to stealing the donation my book purchase brought?

    Notice how the 'greedy' lawyers took all the money from the first edition printing. Nothing left for the foundation....or the tax records would have shown it....right?
    -
    My opinion and nothing but my opinion.

    Tor:Con Index link below. Will show you the probability of a tornado happening in your area.
    http://www.weather.com/news/tornado-torcon-index

    FEMA's link for Emergency Supplies list below or what you need to survive for three days in case help is not immediately available to you.
    http://www.ready.gov/document/family-supply-list

    You can also purchase a weather radio which will inform you of severe weather even if your electricity goes out. Runs on batteries of course.

  12. #12
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    If the Ramseys filed a 990-PF then their foundation has always been private. The majority of foundations are private as opposed to public foundations which are supported by government grants and the like. Anyone can set up a private foundation and fund it from his or her own pocket or from monies sent in by individuals or other foundations. The donations made by the foundation are to serve the public good. I would suspect that any book income used to pay lawyers was taxed as income, while any that went into the foundation was tax-exempt.

  13. #13
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    I think the "Operative" word in this is "ANY" profits go to...

    There is always a way to say there were no profits especially where a charitable organization is the taxation process used-some schools still use this as well and there is never a profit (private post graduate schools who charge a fortune for tuition), so the Ramseys can have used the funds for their own purposes if related to the murder-and that means paying legal fee's- then there is no profit to speak of and the money is taxed as if it were charitable-they can pay tgheselves from that- they can pay their lawyers from that-so I think thats the way it works- and if he is running for office you can be sure that part is well explained should the press ask the question-now if thee was a charitable organization I think a board is required- so you might want to ask who was on the board of Directors-and they can actually be sued if anything went on that is illegal-but i tend to think they paid out their costs and there was no profits/money to give away after the fact..and likely still isnt or the thousand dollars is part of some small amount left over or required..

  14. #14
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    Quote Originally Posted by tipper
    If the Ramseys filed a 990-PF then their foundation has always been private. The majority of foundations are private as opposed to public foundations which are supported by government grants and the like. Anyone can set up a private foundation and fund it from his or her own pocket or from monies sent in by individuals or other foundations. The donations made by the foundation are to serve the public good. I would suspect that any book income used to pay lawyers was taxed as income, while any that went into the foundation was tax-exempt.
    Thanks Tipper for bringing this point up.

    A couple of great researches wrote this up for me. It spells out the JBR Foundation.

    A call to the IRS confirmed that the Foundation was closed in 2000. Yes they did file a 990-PF but it was later. In the begining it was a non-profit.
    `````````````````````````````````````````
    JONBENET RAMSEY CHILDREN'S FOUNDATION

    EIN: 84-1397683

    Directors: John Ramsey
    Patsy Ramsey

    Officers: President - Patsy Ramsey
    Vice President - John Ramsey
    Treasurer - Gail Heinzman

    Statement of Purpose: "To raise money for children's education and care" and to protect against "the victimization of children."

    ACTIVITIES:

    1997
    Incorporated in April as non-profit corporation in Colorado w/IRS registration as 501(c) charitable tax-exempt organization

    Media articles and Crime Stoppers ad disclose JBR Foundation offer of $100,000 reward for information regarding "well dressed male" approaching children at Christmastime, 1996; no such funds in Foundation account to back up offer

    Per partial 990 PF dtd 08/19/98:
    Contributions received: $12,533
    Donor: John Ramsey
    Charitable contributions made: $769
    Recipient of charitable contribution: Unknown
    Market value of trust assets (including
    interest earned on bank account: $4,354


    1998

    Per partial 990 PF dtd 08/18/99:
    Contributions received: $2,703
    Donor: Unknown
    Charitable contributions made: $0
    Recipient of charitable contribution: None
    Purpose of charitable contribution: N/A
    Market value of trust assets (including
    interest earned on bank account: $5,506



    1999

    Per 990 PF dtd 08/25/00:
    Contributions received: $3,865
    Donor: Unknown
    Charitable contributions made: $2,000
    Recipient of charitable contribution: St. Johns Episcopal Church, Boulder
    Purpose of charitable contribution: "Assistance to children's programs
    and other unrestricted church use"
    Market value of trust assets (including
    interest earned on bank account: $6,415

    2000

    Foundation terminated per IRS

    Per 990 PF dtd 08/29/01:
    Contributions received: $1,405
    Donor: Unknown
    Charitable contributions made: $0
    Recipient of charitable contribution: None
    Purpose of charitable contribution: N/A
    Market value of trust assets (including
    interest earned on bank account: $7,860

    Notes:
    Line 8a: Foundation reports to state of Colorado but CO "does not require any report"

    Part IXA Summary of Direct Charitable Activities: "N/A"

    Part IXB Summary of Program-Related Investments: "N/A"

    Part XVI List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the close of any tax year (but only if they contributed more than $5,000): "NONE"

    Part XV Grants and Contributions Paid During the Year: "NONE"

    Part XVI-B Relationship of Activities to the Accomplishment of Exempt Purposes: "This section is blank because the foundation's revenue was either from gifts or from interest on its account. The foundation generated no income from activities."

    Statement 1/Form 990-PF/Part 1 Line 1/Contributions, Gifts and Grants: "No single contributor gave $5,000 or more during the year."
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  15. #15
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    ACTIVITIES:

    1997
    Incorporated in April as non-profit corporation in Colorado w/IRS registration as 501(c) charitable tax-exempt organization

    Media articles and Crime Stoppers ad disclose JBR Foundation offer of $100,000 reward for information regarding "well dressed male" approaching children at Christmastime, 1996; no such funds in Foundation account to back up offer
    I guess they felt safe that the reward money would never be requested!

    Even the NE was willing to back up their reward offer!

    Even the NE had more class than the Ramseys
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    God Bless America

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