The SPACE Trust

 

Achieving 501c3 tax exempt status, The SPACE Trust promised a full scale UFO craft replication based upon the patents contained in the UFO How-To Aerospace Technical Manuals, with full open disclosure and video reports of machining processes in the creation of an electrogravitic craft.

 

Based on 2009 price determinations, a working budget of $508,000.00 was needed to be raised in order to build such a craft.  Full fundraising campaign was initiated.

 

This was a win/win no matter how you looked at it:  Your money donated was tax deductible as per the Internal Revenue Code.  Whether we succeeded in building the craft or not, those who donated were guaranteed a tax exemption.

 

One person donated the minimum amount to receive a tax deduction.

One.

 

After five years of fundraising attempts, we raised just under $500.00.

That is less than 1/10 of 1% of the money needed.

 

The public had spoken.

While everybody may say they want public disclosure, the number of people willing to “put their money where the mouth is” and actually fund such a project was so small as to be infeasible.

 

The SPACE Trust was closed down in 2014 and all money raised was surrendered to the IRS.