Monday, February 9, 2026

Our President

The post you shared is a real one from Donald J. Trump (@realDonaldTrump) on Truth Social (mirrored or cross-posted to X), reacting immediately after the Super Bowl LX halftime show on February 8, 2026.

**Summary**:  
Trump harshly criticizes the halftime performance as "absolutely terrible" and one of the worst ever, calling it nonsensical, an "affront to the Greatness of America," and unrepresentative of U.S. standards of success, creativity, or excellence. He specifically complains that "nobody understands a word this guy is saying" (referring to the headliner performing largely in Spanish), describes the dancing as "disgusting" (especially for young children watching nationwide and globally), and labels the whole show a "slap in the face" to the country. He contrasts it with America's current successes (e.g., record-breaking stock market and 401(k)s), predicts the "Fake News Media" will praise it anyway due to being out of touch with the "REAL WORLD," and adds an unrelated jab at the NFL's new kickoff rule. He ends with his signature "MAKE AMERICA GREAT AGAIN!" and signs off as "President DONALD J. TRUMP."

**Context**:  
This was Trump's response to Bad Bunny's headline performance at Super Bowl LX (held at Levi's Stadium in Santa Clara, California, during the game between the Seahawks and Patriots). Bad Bunny, the Puerto Rican reggaeton/Latin trap star, delivered an energetic set celebrating Puerto Rican and Latino heritage, performing mostly in Spanish—making it the first halftime show primarily in that language. He was joined by guests including Lady Gaga (who did a salsa-style version of "Die With a Smile"), Ricky Martin, and others like Los Pleneros de la Cresta, with cameos from figures such as Cardi B, Pedro Pascal, and Jessica Alba. The show was widely described as joyful, historic, and culturally significant, though it drew conservative backlash beforehand and after for its language and style.

Trump's post aligns with his pre-game criticisms (he had called the choice "ridiculous" and said he'd never heard of Bad Bunny, even indicating he'd skip watching in favor of alternatives like a Kid Rock-led "All-American" halftime event promoted by Turning Point USA). Media coverage framed his reaction as part of broader cultural and political divides, with some outlets noting the performance's emphasis on unity and Latino pride as a subtle counter to such critiques.



Henry McClure  
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Great american bank.

As of Q3 2025, the Lawrence-based Great American Bank reported total assets of $505.67 million, ranking among Kansas's regional financial institutions. Previously, the bank had approximately $256 million in total assets in 2021 before a merger, growing to over $500 million in recent years. [1, 2, 3]

Key Details on Asset Usage & Context
  • Asset Composition: Assets are backed by a $203.1 million loan portfolio, with a 10.16% core-capital ratio and $34.1 million in equity capital, reflecting a solid foundation for regional lending, as reported in 2022.
  • Merger Impact: In 2021, the bank acquired Lawrence-based University National Bank, which helped elevate its combined total assets at that time to $347 million, with $275 million in loans and $281 million in deposits, according to The Business Journals.
  • Usage Context: These total assets are used as a metric to define the bank's size and lending capacity, typically classifying it as a community bank (less than $10 billion in assets), according to Lake City Bank. [1, 2, 4, 5, 6]
Synonyms and Related Metrics
  • Total Assets: Represents the total economic resources managed by the bank.
  • Bank Size/Scale: Often determined by total asset volume.
  • Total Deposits/Loan Portfolio: Closely related metrics for calculating total assets.
  • Balance Sheet Size: Frequently used to describe the total assets for institutions like Great American Bank. [2, 3, 7, 8]
Note: The primary 2025 asset figure is based on .


AI responses may include mistakes.


Henry McClure  
785.383.9994
sent from mobile 📱
time kills deals

Sunday, February 8, 2026

dig deeper - ​**Role of 501(c)(4) Organizations in Economic Development**



A **501(c)(4)** organization is classified by the IRS as a **civic league** or **social welfare organization** (under IRC Section 501(c)(4)). Its primary purpose must be to promote the **common good and general welfare** of the community (or a substantial segment of it), rather than serving private interests. This broad "social welfare" test allows significant flexibility compared to other nonprofit types, especially in advocacy and policy work.

### How 501(c)(4)s Engage in Economic Development
Economic development activities can qualify as promoting social welfare if they relieve unemployment, alleviate poverty/distress in economically depressed areas, stimulate community improvement, or induce industry/business location for broader public benefit (e.g., job creation, tax base strengthening). Key IRS-recognized examples include:

- Making loans to businesses to encourage industrial development and employment in underserved areas.
- Efforts to relieve unemployment through area redevelopment or attracting companies to economically depressed communities.
- Supporting civic betterments that indirectly foster economic opportunity (e.g., community facilities or initiatives tied to job growth).

Unlike **501(c)(3) charitable organizations** (which focus on relief of the poor/distressed, education, or advancement of economics as explicitly charitable), 501(c)(4)s can pursue these goals with fewer restrictions on private benefit (as long as it's incidental) and no requirement for exclusively charitable operations.

### Key Advantages for Economic Development Work
- **Unlimited Lobbying**: 501(c)(4)s can engage in **unlimited lobbying** (direct or grassroots) to influence legislation in furtherance of social welfare goals, such as advocating for pro-development policies, incentives, infrastructure funding, or regulatory changes. This is far more permissive than 501(c)(3)s (limited to insubstantial lobbying) or 501(c)(6) business leagues (lobbying must be germane to member interests).
- **Some Political Activity**: They can participate in political campaigns or issue advocacy, as long as it's **not their primary activity** (e.g., endorsing candidates who support economic growth policies is allowed if secondary).
- **Tax-Exempt Status**: No federal income tax on related income; donations are **not tax-deductible** to donors (unlike 501(c)(3)s), but this enables more flexible funding from businesses/corporations.
- **Flexibility**: Can operate with substantial non-exempt activities if primarily social welfare-focused; no strict "exclusively" test like 501(c)(3)s.

### Comparison to Other Common Types in Economic Development
| Type | Primary Focus | Lobbying Allowed | Political Activity | Donations Tax-Deductible? | Typical Economic Dev. Role | Examples |
|------|---------------|------------------|--------------------|---------------------------|----------------------------|----------|
| **501(c)(3)** (Charitable) | Exclusive charitable purposes (e.g., relief of poor/distressed, education, economic advancement as charitable) | Limited (insubstantial or via 501(h) election) | Prohibited (no candidate intervention) | Yes | Grant-making, workforce training, loans/grants to businesses in distressed areas (private benefit must be incidental) | Community foundations, economic development foundations (like Greater Topeka Partnership Foundation) |
| **501(c)(4)** (Social Welfare) | Promote common good/social welfare (broad, includes civic betterment) | Unlimited (if furthering exempt purpose) | Allowed if not primary | No | Advocacy/lobbying for development policies, loans to induce business location, community revitalization | Civic leagues making business loans for employment; some downtown associations or advocacy groups pushing economic policies |
| **501(c)(6)** (Business League) | Promote common business interests (e.g., chambers, trade groups) | Unlimited if germane to members | Limited (can lobby but not endorse candidates primarily) | No | Business attraction/retention, networking, incentives advocacy (often the "operational" arm) | Chambers of commerce, GO Topeka (Growth Organization), Greater Topeka Partnership Inc. |

### Real-World Examples and Context
- Organizations making loans to businesses to locate in depressed areas and create jobs have qualified under 501(c)(4) (per IRS Rev. Rul. 67-294).
- Some downtown or civic associations use 501(c)(4) status for advocacy-heavy economic revitalization.
- In contrast, purely charitable economic development (e.g., grants for training/relief) often uses 501(c)(3), while business-focused promotion leans toward 501(c)(6).

501(c)(4)s fill a niche for groups needing aggressive policy influence or advocacy in economic development without the strict charitable limits of 501(c)(3)s. However, they face scrutiny if activities primarily benefit private businesses rather than the broader community.

If you're exploring this for a specific Topeka/Shawnee County context (e.g., comparing to existing GTP entities or potential new structures), let me know for more tailored insights!

--
Henry McClure 
Time kills deals
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**Similar Economic Development Foundations (501(c)(3) Organizations)**

The **Greater Topeka Partnership Foundation** (EIN 80-0077427) is a classic example of a **501(c)(3) charitable foundation** tied to local economic development. It provides grants, funding for education/training, workforce opportunities, and support for underprivileged groups to advance economic growth—often complementing a related 501(c)(6) business league (like the Greater Topeka Partnership umbrella). This "dual structure" (charitable arm for tax-deductible donations + operational/business arm) is common in U.S. economic development ecosystems.

Here are comparable **501(c)(3) foundations** focused on economic development, drawn from public examples across the U.S. (with emphasis on Midwest/Kansas where possible). These often fund grants, loans, workforce programs, business support, or community revitalization in distressed/underserved areas, aligning with IRS-recognized charitable purposes like relief of the poor/distressed, advancement of education, or community betterment.

### Midwest/Kansas-Focused Examples
- **Topeka Community Foundation** (Topeka, KS): Manages charitable funds for local needs, including economic opportunity, education, and community development grants. It supports nonprofits and initiatives that boost Topeka's quality of life and prosperity—similar role as a philanthropic partner to local economic efforts.
- **Greater Kansas City Community Foundation** (Kansas City metro, KS/MO): Oversees donor-advised funds and grants for 501(c)(3) charities in the region, including those focused on economic mobility, workforce development, entrepreneurship, and underserved communities. It powers inclusive economic growth through philanthropy.
- **Patterson Family Foundation** (Kansas/western Missouri): Funds rural entrepreneurship, business support, mentorship, technical assistance, and innovation to address economic barriers—explicitly targets economic opportunity in rural areas.
- **Central Kansas Community Foundation** (Central KS affiliates): Provides grants to 501(c)(3)s, governments, and schools for community/economic projects, often in rural or underserved areas.

### National/Regional Examples with Similar Structures
- **San Diego Regional Economic Development Foundation** (San Diego, CA): A 501(c)(3) companion to the San Diego Regional EDC (501(c)(6)). It accepts tax-deductible donations to support job creation, business cultivation, and quality employment opportunities—mirrors the Topeka model of charitable support for economic goals.
- **Indiana Economic Development Foundation** (Indiana): A 501(c)(3) that supplements the Indiana Economic Development Corporation (state agency) with private donations for marketing, workforce, and growth initiatives. Shares leadership/staff with the operational arm.
- **Greater New Orleans Development Foundation** (New Orleans, LA): A standalone 501(c)(3) sharing management with Greater New Orleans, Inc. (GNO, Inc.), focused on economic development, business support, and community revitalization.
- **Carolina Small Business Development Fund** (North Carolina): A 501(c)(3) providing capital, technical assistance, and policy research to foster economic opportunity in underserved communities via small business lending and support.
- **National Institute of Minority Economic Development** (Durham, NC, with national reach): Focuses on minority business diversification, economic opportunity, and community development—originally seeded by grants for similar purposes.

### Common Patterns Among These Organizations
- **Mission Alignment**: Relief for poor/distressed/underprivileged + economic advancement (e.g., jobs, training, business startups in targeted areas).
- **Revenue/Activities**: Primarily contributions/grants (tax-deductible), some program revenue (loans/fees), and grants out to related entities or nonprofits.
- **Scale**: Modest to mid-size revenue (hundreds of thousands to millions), often fluctuating with grants.
- **IRS Recognition**: Qualify under 501(c)(3) for charitable economic development (e.g., aiding depressed areas, incubators, minority businesses), per IRS guidance on relieving poverty/distress through job creation and community support.

These are not exhaustive but represent well-documented parallels. Many economic development efforts use 501(c)(3) arms for philanthropy while 501(c)(6) handles lobbying/marketing. If you're interested in a specific state, city, or aspect (e.g., financial comparisons, how they structure grants), let me know for a deeper look!

--
Henry McClure 
Time kills deals
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www.henrymcclure.live

looking at the flow $$$$

### GO Topeka's Financial Flows to the Chamber or Other GTP Entities

Henry, thanks for the query—I'll dive into this based on public filings, reports, and the structure of the Greater Topeka Partnership (GTP) umbrella. GO Topeka (officially Growth Organization of Topeka-Shawnee County Inc., a 501(c)(6) entity) is one of several affiliated organizations under GTP, including the Greater Topeka Chamber of Commerce, Visit Topeka Inc., Downtown Topeka Inc., and the Greater Topeka Partnership Inc. (the parent/umbrella, EIN 82-2627387). These entities share leadership, office space (719 S Kansas Ave), and administrative resources to minimize duplication and maximize efficiency for economic development in Topeka/Shawnee County.

From my analysis of available Form 990 filings (via ProPublica and GuideStar summaries for 2021–2024), news reports, and GTP documents, there is no evidence of **direct grants or one-way payments** from GO Topeka to the Chamber or other GTP entities. However, there are **indirect financial flows through shared services, reimbursements, and allocated expenses**, as is common in umbrella nonprofit structures. GO Topeka's primary funding comes from Shawnee County (via Joint Economic Development Organization/JEDO allocations from sales tax revenue), which it uses for business incentives, workforce programs, and operations. Any "payments" to affiliates would likely be for shared costs rather than grants.

#### Key Findings on Payments/Expenses
- **No Direct Grants from GO Topeka**: GO Topeka does not report granting money to the Chamber or other GTP entities in its 990s. Instead, it focuses on incentives to businesses and employers (e.g., Choose Topeka relocation reimbursements up to $15,000 per employee, paid directly to employers for talent attraction). The Greater Topeka Partnership Foundation (your provided 2021 990) is the charitable arm that makes grants (e.g., $199,700 in 2021 to Greater Topeka Partnership Inc. for general support), but GO Topeka is not a grant-maker to affiliates.

- **Shared Expenses and Reimbursements (Likely Yes)**: The GTP model involves centralized administration, so GO Topeka probably reimburses or allocates funds to the parent GTP Inc. for shared overhead. This could include:
  - **Rent/Occupancy**: All entities share the same headquarters. GO Topeka's 990s report functional expenses (Part IX) including occupancy costs (typically $100k–$200k annually across programs/management), but summaries don't break out affiliate-specific allocations. Shared rent is implied, as GTP Inc. manages facilities.
  - **Staff/Compensation**: GTP Inc. pays salaries for leaders of affiliates, including GO Topeka's president (e.g., Molly Howey at ~$170k in recent years, paid by GTP Inc., $0 from related orgs). This suggests GO Topeka may reimburse GTP Inc. for its share of payroll/benefits to avoid double-counting. No exact dollar amounts for these reimbursements are detailed in public summaries, but related-party transactions (Schedule R) would list them in full 990s—typically in the $100k+ range for shared services in similar structures.
  - **Other Shared Expenses**: Programs like diversity initiatives (INCLUDED) or insurance plans (Chamber Blue of Kansas) are co-backed by GO Topeka and the Chamber, implying cost-sharing. GTP documents mention unified advocacy and events, where costs (e.g., marketing, events) are allocated across entities.

- **Funding Direction**: Flows often go **to GO Topeka** rather than from it. For example:
  - Shawnee County/JEDO provides ~$3–4M annually to GO Topeka for economic development (majority of its revenue).
  - The Partnership Foundation grants to GTP Inc., which supports affiliates like GO Topeka indirectly.

#### Table of Potential Shared/Allocated Expenses (Estimated Based on Structure)
| Category | Estimated Annual Amount (GO Topeka Total Expenses) | Likely Allocation to GTP/Chamber | Notes |
|----------|----------------------------------------------------|----------------------------------|-------|
| **Rent/Occupancy** | $150k–$250k (from Part IX summaries) | Partial reimbursement to GTP Inc. | Shared office; no specific breakout. |
| **Staff Compensation** | $1M–$1.5M (total for programs/management) | Reimbursement for shared execs (~$170k for GO Topeka president paid by GTP) | GTP Inc. handles payroll; GO Topeka reimburses share. |
| **Other Shared Services (IT, Marketing, Admin)** | $500k–$800k | Allocated/reimbursed to GTP Inc. | For joint programs like Momentum 2027 or advocacy. |
| **Grants/Payments** | $0 to affiliates | None reported | GO Topeka pays incentives to external businesses/employers, not GTP entities. |

#### Limitations and Recommendations
- Public 990 summaries (e.g., ProPublica, GuideStar) don't always include full Schedule R/L details on related-party transactions, which could list exact reimbursements. Full PDFs (available on those sites) or audited financials from Shawnee County/JEDO might show more—e.g., GO Topeka's 2024 filing (fiscal year ending Dec. 2024) reports ~$4.9M revenue, mostly contributions, with no explicit affiliate grants noted in overviews.
- No news or reports mention direct payments from GO Topeka to the Chamber/GTP beyond shared ops.
- If you're seeking precise numbers, I recommend requesting full 990s via ProPublica or contacting GTP directly (as a local in Topeka, you could email info@topekapartnership.com or attend a board meeting). Shawnee County audits (available on their site) often detail JEDO allocations to GO Topeka.

If you have a specific year or more details (e.g., a particular expense type), I can refine this further!

--
Henry McClure 
Time kills deals
785-383-9994

www.henrymcclure.live