One has an opportunity to secure its current location on a more
permanent basis, however, this opportunity will not become a
reality unless Hangar One raises enough financing through the
referenced funding sources. Realistically, the only way the
current Naval Air Station Glenview Museum (at its current temporary
location, or an alternative permanent location) or the Challenger
Learning Center, will be achieved is for Hangar One to expeditiously
raise a material amount of financing through tax-deductible
charitable contributions. Past charitable contributions have
come from both individuals and commercial entities, and Hangar
One recognizes these donors as Significant Contributors.
For 2004, a new membership category, Cornerstone, has been created.
For a minimum $500 donation, Cornerstone contributors (with
consent) are recognized in perpetuity as contributors to the
Naval Air Station Glenview Museum as all proceeds from Cornerstone
contributions are restricted to the budget for the execution
of the Naval Air Station Glenview Museum. Cornerstone sponsors
also receive a one-year membership to the Glenview Hangar One
contributions also include the donation of NASG memorabilia,
or other military artifacts, from veterans or third parties
to possibly be used in the Naval Air Station Glenview Museum.
As the Glenview Hangar One Foundation is a not-for-profit 501
(C) (3) entity under the US Tax Code, all charitable contributions,
whether in the form of cash, cash equivalents, or assets, are
fully tax deductible for federal income tax purposes.