re: Future of Le Triomphe

FYI- the club has been placed in a foundation with most of Mike's assets not a trust. Private foundations qualify for tax exemption under section 501c (3). Mike hated paying taxes and he took every avenue available to avoid them..even owning a money losing golf course. FYI that foundation will never run out of money...some benefactors may raise holy hell once they see how much that club loses monthly and vote to dispose of that asset. That is what I anticipate will happen . O BTW try getting a tee time this week at Oakbourne...I was with a member who said tee sheets are full not only this week but most weeks.